The provided chart represents the hourly price movement of Bitcoin (#Bitcoin_H1) with Bollinger Bands and a Stochastic (5,3,3) oscillator. The price action shows a period of relatively stable movement, followed by increased volatility and a...
ANALYSIS OF EUR/CHF PAIR. The EUR/CHF pair on the H1 timeframe has exhibited a significant bullish breakout after a prolonged period of consolidation and downtrend, as seen in the earlier part of the chart. The price action had been trading below...
Horizontal Line A horizontal line in Forex trading is a key tool used in technical analysis to identify support and resistance levels. Traders use this line to mark price levels where the market has historically struggled to break through, either...
Bitcoin Price Analysis: Current Trends and Future Projections Bitcoin (BTC), the leading cryptocurrency by market capitalization, has been a focal point for investors, traders, and analysts alike. In recent weeks, Bitcoin has shown a notable...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
