The AUD/USD H1 chart shows a market that has transitioned from a consolidation phase into a strong bullish breakout, followed by a period of controlled upward movement. Initially, price action was relatively sideways, fluctuating around the red...
According to my analysis of the Euro / British Pound 30M chart on OANDA, the pair is consolidating within a well-defined range after a strong impulsive move in early April, and is now at 0.87114 testing the mid-range equilibrium after failing to...
The Impact of Leverage on Forex Trading Performance What is Leverage in Forex? Leverage is expressed as a ratio, such as 1:10, 1:50, 1:100, or even 1:500. If you use 1:100 leverage, it means you can control $100,000 in the market with just $1,000...
According to my analysis of the British Pound / U.S. Dollar 30M chart on FP Markets, the pair has completed a full bearish-to-bullish market structure reversal and is now consolidating just under a major multi-week supply zone after reclaiming...
Overview of Gold Trend: Well be discussing Golds current price behavior analysis. Lets review this weeks trading activity. On the hourly chart, Gold is currently in a short-term bearish trend, with the price remaining below the EMA, indicating...