The diffused lamp is an important example of a candle used in technical analysis to identify potential changes in the market. It consists of two candles with the second candle completely covering the body of the previous candle, indicating a sharp...
At the beginning of this month, the price attempted to reverse the market trend by moving towards a bearish direction. However, the market conditions on the daily timeframe indicated that buyers were still in control, prompting the market to attempt...
The USD/CHF currency pair, which tracks the exchange rate between the US dollar (USD) and the Swiss franc (CHF), is currently trading around 0.8907. This exchange rate reflects how many Swiss francs are needed to purchase one US dollar. Presently,...
Technical Analysis of Australian dollar/US dollar Last trading week, the Australian dollar traded in a previously restricted range, failing to break out of it. The price initially fell to the 0.6573 level, but having encountered significant...
Fundamental Analysis On Friday, the Canadian dollar (CAD) made a meager comeback, rising from most of its major currency peers and recovering only a tenth of a percent against the US dollar (USD). The market is cautious due to an unexpected decline...