Hello, I examined the H4 chart for gold prices and observed notable movements as the week commenced. The price declined from the 2286.77 support level but subsequently bounced back. Currently, the market is highly influenced by significant FOMC...
USD/CAD/H4 Based on the market conditions represented by the graph below, it can be seen that the trend for the UsdCad pair in the previous week tended to run to the Uptrend side, the increase in the market has sent prices flying to the 1.3790 area....
What is Market Depth Profile? Detailed Components of Market Depth Order Book Structure: Top of the Book: This shows the best bid and ask prices (highest bid and lowest ask) along with the quantities available at those prices. Depth of the Book:...
AUD/USD H-1 (Australian Dollar / US Dollar). An excellent trading plan can be drawn up for an instrument on the H1 timeframe, since at the moment there is a good opportunity in the market to conclude a profitable transaction with a high probability...
USD/JPY To better understand USDJPY, we first determine the main trading range, which for the last month has been 157.59-154.58, and this is exactly between the start level of the Bank of Japan’s last intervention and the closing level of this...