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CHFJPY hourly chart August 19th 2020

We have shared multiple CHF related ideas where Swiss Franc is expected to be outperformed by other major fiat currencies. It is highly likely that JPY will outperform the CHF, at least in the short term, which will result in a CHF/JPY downtrend.  Disclaimer: The analysis presented in this article is for educational purposes […]

GBPUSD 4 hour chart Aug 18 2020

The GBP/USD trend remains extremely bullish and probability is highly in favor of the uptrend continuation. Although 1.3000 must be watched for a break below very closely as it remains a key support area.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. […]

CADCHF hourly chart Aug 14th 2020

We have provided multiple CHF ideas, where each and everyone one of them suggests weak Swiss Franc. It is very probable that CAD/CHF will follow the path of the CHF weakness and pair will continue to produce higher highs and higher lows at least in the short term.  Disclaimer: The analysis presented in this […]

The vast majority of traders have learned to trade with candlesticks, line charts, and bar charts. This is a standard trading setting that welcomes novice traders to make sure their familiarization with charts is as smooth as possible.  Heikin Ashi, which stands for “average bar” in the Japanese language, is a technique for reading charts […]

GBPCHF 4hour chart Aug 12th 2020

Along with multiple other CHF pairs, where Swiss Franc is expected to be outperformed, GBP/CHF short, medium, and even the long term uptrend might be about to start.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader […]

what is bullish and bearish in Forex

Originating from the Stock Exchange, the term Bulls and Bears is now often used in most financial markets, including the Forex market. As we know, market conditions are constantly fluctuating due to economic situations around the world, but knowing more about Bulls and Bears would help you in profiting from trading in the Forex market. […]

TradingView is one cutting-edge web-based charting platform that is disrupting the trading world with its features. Knowing how to use this platform can give your charts an edge in the market. But before we get into the details, let’s take a sneak peek at how to use TradingView. To use TradingView: Go to the TradingView […]

GBPCAD daily chart Aug 10 2020

The GBP/CAD trend remains very bullish and the current pullback could be providing a reasonable buying opportunity for the short, medium and even long term.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below […]

AUDJPY 6hour chart august 8th 2020

All-in-all, AUD/JPY trend remains strongly bullish and triangle breakout just emphasizes growth potential. Considering the rejection of multiple support levels and indicators, the price should be ready for yet another 200 pip upside wave.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. […]

The butterfly pattern

Harmonic patterns are some of the most popular chart formations in Forex. They are characterized by geometric structures that are focused on generating a buy/sell signal for a trader.  The Butterfly pattern is defined as a harmonic reversal chart formation. After a series of measured moves, both in the direction of the overall trend and […]

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