News trading is a popular strategy used by Forex traders to capitalize on market volatility caused by economic news releases. The idea is to anticipate the impact of news on currency prices and make trades accordingly. To succeed in news trading,...
i see this pair is currently trading in a very sensitive zone where both continuation and reversal scenarios remain valid, but the overall structure still leans slightly in favor of a corrective phase rather than a full trend reversal.Looking at the...
Technical analysis of Crude oil On the H1 timeframe, WTI Crude Oil (USOIL) is currently trading around the 98.00 – 98.50 zone, maintaining its position within a broad ascending channel, which reflects an overall bullish structure in the short to...
The H1 chart of USD/CHF shows that the pair is currently under mild bearish pressure after failing to sustain its recent upward move. Following a rally toward the 0.7950 area, price faced rejection and has since been drifting lower, returning toward...
The H1 chart of NZD/USD shows that the pair is currently attempting to stabilize after a recent pullback from the 0.5880 resistance area. Price initially moved higher in a short-term bullish wave but faced selling pressure near the highs, leading to...