Stop Loss A Stop Loss is a risk management tool used by forex traders to limit potential losses on a trade. It is an order placed with a broker to automatically close a trade when the market moves against your position by a certain amount. Why Use...
GBP/USD Market Analysis: A Bullish Outlook The British Pound has shown significant strength against the US Dollar (USD) in the past sessions, as highlighted in the hourly candlestick chart. The pair has closed at 1.30887, registering an increase of...
The Canadian Dollar (CAD) strengthened notably on Friday, appreciating by 0.66% against the US Dollar as global risk sentiment improves and investors rotate out of the safe-haven Greenback. This marks the fifth consecutive weekly loss for USD/CAD,...
I saw strong bullish momentum in the EUR/USD pair this past week, and I attribute this surge largely to Donald Trump's latest statements, which created notable market volatility. I watched as the price confidently reached and then broke through the...
The recent resilience of the Swiss franc (CHF) against the US dollar (USD) underscores a broader market trend favoring defensive currencies amid heightened global uncertainty and diverging monetary paths. While investors remain alert to potential...
