The U.S. dollar remains under significant pressure following the Federal Reserve's decision to lower interest rates by a half point, but this is not the only problem on the Forex market. As anticipated, the Fed's unprecedented 0.50% rate cut has...
Analysis forex by daily candle Analyzing Forex markets using daily candlestick charts is a popular method for both technical traders and investors. It provides a visual representation of price movements over the course of a single trading day....
M-1 Chart Technical Outlook USD/CHF The USD/CHF pair, after rising to the 0.8514 level yesterday, fell to the 0.8448 level, from where it tried to reach higher, but the 0.8505 level sustained the advance and led to a reversal to the downside. Which...
Market Overview Greetings everyone, and a warm welcome to Interlock's Trading Journal! I hope you're all doing well and reaping the rewards of my recent Bitcoin analysis. As I predicted, Bitcoin tested the 60,100 level yesterday and then rallied,...
NZD/USD PAIR MOVEMENT Today it turns out that there are many high impact news released which seems like it will make the market more crowded. The NZD/USD currency pair experienced a slight decline after the candle failed to penetrate the resistance...