A Symmetrical Triangle Pattern is one of the most common chart patterns observed in technical analysis, typically signaling a period of consolidation before the price moves in the direction of the breakout. This pattern consists of two converging...
Strategic Forex Trading:USD/JPY The analysis of the USD/JPY currency pair's current pricing behavior is what we're currently discussing. Last week, the USD/JPY pair had a noticeable sell-off. On the weekly chart, the trend is moving downward. Based...
Open your trade but first save the money" is a phrase that emphasizes the importance of financial prudence before engaging in risky ventures like trading. This sentiment is especially relevant in today's economic climate, where market volatility can...
Let's analyze the currency pair USD/CHF taking H4 time frame for analysis. The USD/CHF currency pair is exhibiting a downward trend, currently trading at 0.8460. The day's prices ranged between 0.8457 and 0.8497. Technical analysis shows selling...
AUD/USD Price Study The AUDUSD price behavior analysis is a topic for discussion. The price is continuously fluctuating around the 0.6724 level, despite the market session on Thursday or last night managing to surge to the level of 0.6730. As can be...