TRADING CHART ON USD CHF D1. This chart of the USD/CHF currency pair reveals a comprehensive story of price movement, long-term trends, and potential opportunities. The chart illustrates a prolonged downtrend from mid-2022 to mid-2023, driven by...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello, I prefer AUD/USD for technical analysis. AUD/USD is trading at 0.6189 at the time of writing. Significant resistance is likely to be found in this area. Meanwhile, the price chart remains in...
Analysis Types In forex trading, analysis is crucial for understanding market trends, identifying opportunities, and making informed decisions. There are three primary types of analysis used by traders: Fundamental Analysis Definition: Focuses on...
The EUR/USD H4 chart shows a clear and ongoing downtrend over the past several months, with the price consistently staying below the 200-period moving average (red line). After peaking around 1.12630, the pair began to decline, marked by lower highs...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning, in today's post, we will take another look to see if we have a chance to go short again or not. Let's talk about the chart prepared today in this time frame. USD/JPY is trading at...