When trading cross currencies, the concept of "pips" is crucial for understanding price movements and calculating profits or losses. A pip, or "percentage in point," is the smallest price movement in a currency pair and is a standard measure in...
The Force Index is a technical analysis indicator developed by Dr. Alexander Elder, used to measure the strength of price movements in financial markets. This index combines three key components—price direction, price change (magnitude), and trading...
A Deep Dive into USD/CHF Prices Our discussion focuses on the pricing behaviour of the USD/CHF currency pair, which we're analysing. It is essential to verify the formation of the candle model with additional confirmations. Let's examine the M15...
EUR/USD Price Forecast: Technical outlook EUR/USD extends losses after clearing 1.1100 support, with ECB expected to cut rates by 25 bps on September 12. Wall Street closed Monday’s session in the green, a reflection of an upbeat risk appetite...
EURUSD Have a great mood everyone! The linear regression channel on the M15 chart is turned down, which emphasizes the predominance of sellers in the market. The market movement is in the southern direction to the level of 1.10126. When it is worked...