USDCAD H4 Chart Review: The strong US dollar index is breaking the recent support near 1.41625, which will be a confirmation signal of the short-term bearish bias and may vary in the 1.40935 band. The USD/CAD price is currently holding around...
Crude Oil 5-Minutes Analysis: The primary focus of our discussion is how to interpret the recent fluctuations in crude oil prices. Given that the bears have broken through both the trend support and the 77.38 price level, it is clear from the...
The Importance of Risk-Reward Ratio in Forex Trading Concept of Risk-Reward Ratio The Risk-Reward Ratio is one of the most important principles in Forex trading because it helps traders evaluate whether a trade is worth taking before risking...
*Gold 2-Hour - $4,042 Capitulation, $4,000 Breach Incoming* *Pair:* Gold/US$ per oz *Exchange:* TVC *Price:* $4,042.580 *Change:* -$69.499 (-1.69%) *Timeframe:* 2H *Time:* 36:10 Price $4,042 just sliced through $4,090 4H support + $4,100...
NZD/USD Breaks Down to Multi-Month Lows as Bearish Momentum Accelerates Below Key Support NZD/USD remains firmly under pressure on the daily chart, with the pair trading near 0.56444, down 0.00236 (-0.42%) on the session. The broader trend has...
