EUR/USD Technical Analysis: Today, EUR/USD is hovering around 1.1020, showing mild bullish momentum. Key support levels I’m watching are 1.1000 and 1.0970, while resistance stands at 1.1050 and 1.1085. Looking at the indicators: The pair is...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market is rising, which is helping the price, which is currently at the trend line, to rise. The market price encountered some resistance and found support at 1.7979 and...
USD/JPY Technical Analysis: The USD/JPY is currently consolidating, with key support at 137.00 and resistance at 138.50. Recently, the pair has been forming higher lows, suggesting a bullish medium-term outlook. The Relative Strength Index (RSI)...
Technical analysis of USDCHF Today we will be doing a technical analysis of USD/CHF. USD/CHF is a very important currency pair in the foreign exchange market. If we look at the chart on the H1 time frame, the market is currently sitting between...
What is inverted hammer candlestick pattern in forex trading. What is an Inverted Hammer Candlestick? The Inverted Hammer candlestick pattern is a bullish reversal chart pattern used for technical analysis that forms during a downtrend and signals a...
