New day, new situations in the charts and my respects to all of you! So we opened the USDCAD chart on TF = H1. I use the Parabolic indicator to determine the trend change, its price is 1.3490. For analysis, we use the Close of the previous price of...
The Fed will cut the rate by another 50 bps in 2024 while maintaining the stability of the economy The US economy remains strong, and the Federal Reserve System (Fed) intends to maintain it in this state, Federal Reserve Chairman Jerome Powell said...
Craft Winning Trades: AUD/USD Prices Currently, we are dissecting the AUD/USD currency pair's price action assessment. The currency pair is performing technically well today. After analyzing the H4 time frame, I identified the activation of a...
A moving average (MA) is a key technical analysis tool used in Forex trading to smooth out price data, making it easier to identify trends by filtering out short-term fluctuations. It represents the average price of a currency pair over a specific...
USD-CHF H1 TIME FRAME Today's Usdchf market has opened at a price of 0.8449. The movement is still trapped between the daily open and its closest resistance of 0.8473. Between these areas, the EMA 200 H1 is seen crossing which is now holding back...