De-dollarization, BRIC countries destroying the USD and many other theories… All or some of these may be true, but it absolutely does not mean that they have to result in any specific market movements NOW or in the near future. On the contrary,...
USD/CHF ANALYSIS D1 Period Chart Let's consider the chart of the D1 period - the USDCHF currency pair. Here on this daily chart it is clear that for more than a month the price of this currency pair moved in a rather narrow sideways range for the...
Analysis of the USD/CHF Currency Pair Analyzing the USD/CHF currency pair is crucial at the moment due to its interesting price movements and significance in the forex market. Currently, USD/CHF is in a bearish trend, and the recent session...
Evaluating Price Action of the USD/CAD Currency Pair Current Market Trend The USD/CAD currency pair is currently showing a consistent downward trajectory. A potential barrier is identified near the 1.363 mark, which is a significant trend line. At...
What is a Morning Star Candlestick? The Morning Star is a bullish candlestick reversal pattern that appears at the bottom of a downtrend in a stock’s price. Morning Star is composed of three candles. The first candle is a long red candle that...