EUR/GBP price movement is portraying an indication of a short-term recovery, as the pair resumed its rebound as far as 0.8685 area in the initial trading of the European market. This positive trend, though, should be considered in the framework of...
Below are the most common trading mistakes in Forex trading, explained in detail. 1. Overtrading ???? Overtrading happens when traders open too many trades without proper analysis, often due to excitement or the desire to recover losses quickly. Why...
Technical analysis of AUDUSD Today we will be doing a technical analysis of AUD/USD. AUD/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. AUD/USD remains bullish and is...
The Bullish Inside Bar pattern is a popular price action setup used by forex traders to identify potential trend continuation or trend reversal opportunities, especially in bullish market conditions. An Inside Bar forms when the current candle’s...
NZDUSD Post Analysis The NZDUSD M1 chart reflects a sustained bearish intraday structure, with price consistently trading below the dominant moving average, indicating strong downside bias throughout the session. Early price action attempted to...