Fundamental Analysis The EUR/USD pair is trading around 1.1382, reflecting a cautious market atmosphere following the European Central Bank’s decision to keep key benchmark interest rates on hold. European policymakers have maintained a...
Breakout Trading – A Complete Guide to Trading Market Breakouts Breakout trading is one of the most effective strategies in the Forex market because it allows traders to enter a new trend as price escapes from a period of consolidation. A breakout...
The Power of Confirmation in Forex Trading One of the biggest differences between professional traders and beginners is the way they approach trade entries. Many inexperienced traders enter the market based on assumptions or emotions, hoping the...
Here is a technical analysis of the USD/JPY (H4) chart based on classical price action principles and momentum indicators. 1. Primary Trend Market Structure Primary Trend: Strong Bullish trend. The price continuously prints higher highs (HH) and...
Gold (XAU/USD) Technical Analysis – 1H Chart Current Price CFDs on Gold are trading at $4,045.619/oz. After peaking near $4,145 on July 22, gold has entered a corrective phase. The metal declined sharply on July 23, breaking below both the rising...