The 9 square is a popular tool used in technical analysis to predict price levels and timing in financial markets, including forex. It is based on the geometric and mathematical concepts introduced by W.D. Gann, a legendary trader known for his...
USD/ CAD Price Action Summary Our current focus is evaluating the price action of the USD/ CAD currency pair. The USD/ CAD pair on the H4 chart has already formed a new upward channel. A bearish engulfing pattern emerged on Friday; the last two...
In the dynamic world of forex trading, identifying key zones for buying and selling currencies is crucial for making informed trading decisions. In the case of the USD/CHF pair, the current price is situated at 0.8407, placing it within the sell...
Gold: What the Charts Reveal The present analysis of the Gold price behaviour is subject to discussion. Last week, gold’s movement on the hourly chart was relatively calm. On Friday, the price hovered near the resistance level of 2663.61. Earlier in...
Ethereum's (ETH) price recently surged to $2,726 at the end of September, coinciding with a record-high open interest (OI) in the market. However, following a recent market correction, ETH's OI has returned to the levels it had been maintaining for...