Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. USD/CHF fell in early trade, helping its price decline. The dawn trend line has risen above the market price trend line, and now the price market will rise after breaking...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as I keep an eye on key economic developments from both the UK and the US. Last week, the Bank of England (BoE) held interest rates at 5.25%, but the dovish tone from policymakers...
The USD/CAD currency pair has experienced a significant surge, marking its sixth consecutive day of gains and reaching levels around 1.4710 during early European trading on Monday. This upward trajectory, exceeding 1%, is primarily attributed to the...
USD/ CHF Price Watch The USDCHF pair in the previous week tended to run bullish. Actually, since the last few weeks there has been a bullish journey in the market, even the price increase journey last week has helped the price fly higher even...
Elena! On Friday, during the weekly trading close, the currency pair formed a "bearish engulfing" candlestick pattern on the H4 timeframe, according to the Price Action method. This development was not without fundamental reasons, as it appears that...