Breakout Trading Strategy A breakout occurs when the price of a currency pair moves above a resistance level or below a support level with increased volume. This often signals the start of a new trend. Breakout Trading Strategy – Step-by-Step...
AUD/USD AUD/USD is still feeling the pressure today, slipping below 0.6450 again. From what I’m seeing on the charts, the pair is firmly stuck in a bearish channel. Every time it tries to push higher, sellers step in around the 0.6500 level. The...
Through the technical analysis of this currency pair on the 4-hour chart, the decline is now taking place after the formation of a lower price peak than the previous peak. Over the previous two weeks, we had an up wave and then a down wave, which...
GOLD ANALYSIS Today I’m going to share my analysis on gold; currently, it is trading around 3339, which is an all-time high level. The day before yesterday, I made a mistake. Basically, I wanted to trade gold for a short term; it was a scalp trade,...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hello and have a good day to all my dear friends and colleagues. I hope you are fine. Today I will continue my discussion on the USD/JPY price movement. So let's start the analysis. Looking at the...
