EURUSD H4 Technical Analysis Looking at the EURUSD on the four-hour timeframe, the pair is currently trading at 1.1693, which essentially reflects a state of indecision and consolidation following a significant bearish reversal. The most striking...
Technical vs. Fundamental Analysis: Which Side Are You On? Arguing “technical vs fundamental” in forex is like arguing whether a pilot should use radar or their eyes — you use whichever keeps the plane in the air, and you use both when conditions...
The best strategy for risk management can be summarized in three wordsreserve Your Capital. The market will always be there tomorrow, but your money might not be if you aren't careful. I follow a very strict routine: Never trade without a Stop...
GBP/USD Technical Outlook GBP/USD H4 chart shows a transition from a prior bearish phase into a broader recovery, followed by a period of consolidation near a key resistance zone. Earlier price action reflects a steady downtrend with lower highs and...
Hello fellow traders! In the world of Forex, there has always been a great debate: Is it better to follow the charts (Technical Analysis) or the economic data (Fundamental Analysis)? Both methods have their strengths, but understanding how they...