USD/CHF: The USD/CHF currency pair currently presents a favorable opportunity for selling transactions, given that the strength of the sellers is clearly more dominant than the potential for buyers to change the situation. Given the current...
The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This persistent...
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EUR/USD currency pair’s price action. Currently, we’re examining the EUR/USD currency pair’s price action. The pair is experiencing a pullback and trades at 1.0769. The primary resistance level is 1.0779. The EUR/USD will likely remain bearish, and...
In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market across different time frames. The pivot point itself is the average of the high, low, and closing prices from the previous trading...