I observe that the current market price of 1.41586 is positioned between the 0% Fibonacci level at 1.40262 and the 50% level at 1.41720. I note that the 100% level was established at yesterday’s daily high of 1.43177, while the 0% level aligns with...
Use price action levels Price action, which focuses on historical price movements, can offer clues for setting profit levels. Candlestick patterns such as pins or engulfing patterns often indicate areas where price could reverse. If the price is...
USD / CHF: An Hourly Time Frame Recommendations The Swiss Franc is strong enough in these days. The currency has been showing resilience, pushing the price of USDCHF lower. The recent market movements reveal the strength of the Swiss Franc as it...
The Australian Dollar against the US Dollar is currently showing a harmonic pattern of the "Gartley" type. This pattern is considered one of the most important patterns in technical analysis, as it is based on a set of precise measurements that...
EUR/USD 4H Technical Analysis Key Levels: First Support: 1.09069 Second Support: 1.08064 Resistance: 1.11448 Timeframe: 4-Hour EUR/USD is currently trading with a slight bullish bias on the 4-hour chart, holding above key short-term support as...
