Trend Line In forex trading, a trend line is a straight line drawn on a price chart to help identify and visualize trends in the market. It is one of the simplest and most effective tools in technical analysis. Traders use trend lines to...
USD/CAD Weekly Analysis Greetings and Good Morning guys! Yesterday, the market of USD/CAD crossed the 1.4230 zone successfully. It shows that the buyers are stable and can increase their value again. From this week, the Canadian Overnight rate...
TRADING CHART ON EUR JPY H4. The provided chart for EUR/JPY (H4 timeframe) shows a clear depiction of market dynamics influenced by price action, moving averages, and momentum indicators such as RSI and MFI. The chart highlights a bearish trend from...
USD/CHF Weekly Outlook Greetings and Good Morning to everyone! The SNB Rate Statement and other news events were negative side. Therefore, the market bounced up and crossed the 0.8933 zone successfully yesterday. We can say that the buyers are...
AUD/USD Market Analysis Greetings and Good Morning guys! This week, the Australian Unemployment rate and Employment Changes were also better. But It couldn't help the buyers of AUD/USD to hold the 0.6432 zone. They dropped sharply down and raced at...