USDCHF is in down trend, initial resistance is the falling trend line resistance, now at 1.2353 level, as long as this resistance holds, down trend will continue. Key resistance is at 1.2422, only break above this level...
Part I In this article, I will describe patterns of price behavior on an intraday basis and their implications for trading. I believe that an adequate consideration of how price changes actually occur during the day will...
The largest traded “market” in the world is not the U.S., Japanese or European stock markets. It’s the foreign exchange market. It’s called Forex for short, or also called the cash currency market. Speculators can and do...
Part I Much of the advice given to traders concerns either what to buy or sell or when to buy or sell. This makes sense, as it is doubtful that brokerage houses and advisory services could make...
USDCHF? USDCHF is in down trend. Further fall below 1.2182 (the day low of July 7) is possible in next several days. Key resistance is at 1.2422, as long as this key resistance holds, down trend will...
