Daily Four-Hour Chart Analysis in Forex Trading Introduction to Forex Chart Analysis Forex trading involves analyzing currency price movements to make informed trading decisions. Among the numerous tools and techniques, chart analysis stands out as...
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The USD/CHF currency pair ended the trading week at a price value of 0.8970, and the franc jumped so high in the north direction due to the news background, which came out in a positive green color for the dollar. This concerns the change in the...
GBP/USD technical outlook: The trading session commenced in a support area, where the price was propped up by the channel lines. The price has now advanced to the first resistance area, encountering opposition from both the weekly pivot level and...
Analysis of the Uploaded Chart Chart Description: The uploaded chart displays a candlestick pattern with Fibonacci retracement levels, which are used to identify potential support and resistance levels. The key features observed in the chart...