Understanding the Basics of Gann Theory Gann Theory is a financial market analysis technique developed by legendary trader W.D. Gann in the early 20th century. Gann’s methods are based on time, price, and geometric angles, which he believed could...
The gold spot price recently traded around $2,630 per ounce, recovering from the 50-day Simple Moving Average. This increase came after a significant price drop, as traders responded to a market downturn caused by global growth concerns. On Monday,...
The euro is currently trying to rebound from yesterday's losses, trading near 1.1160 during Tuesday's Asian session. Yet, recent Eurozone economic data suggests that any potential gains may be short-lived. The expectation of a European Central Bank...
USD-CHF DAILY TIME FRAME Bullish candles appear quite full today even though the market that has been passed is only the Asian and European sessions. The price moved up after failing to penetrate the daily support of 158.81 and now the price is...
USD-CHF PAIR REVIEW let's take a look at the H4 timeframe on the chart. We can see that the price is in the consolidation area after experiencing a fairly long sharp decline in August. The two supply and demand areas are quite clearly visible here,...