The GBP/USD currency pair, commonly referred to as "Cable," is currently trading at 1.2682. This price level reflects a bearish trend, indicating that the British pound is weakening against the US dollar. While the market has been moving slowly,...
Developing and implementing a Forex system requires many steps, from initial research planning to implementation to ongoing operations. Here’s a comprehensive guide on how to put your forex strategy to work: Step 1efine your goals and risk tolerance...
A confident bullish candle has formed on the gold chart, closing near its highs without a proper correction. This pattern is a strong indication of continued upward momentum. Bullish candles generally suggest that buyers are in control and pushing...
NZD/USD/H1 In analyzing the current movement of the NZD/USD pair on the H1 chart, it's evident that a robust trend is underway, driving the currency pair towards the upper savings line. This upward trajectory encounters a formidable barrier at this...
A trading strategy in Forex is a systematic plan that traders use to determine when to buy or sell a currency pair. This plan is based on predefined rules and criteria designed to achieve profitable trading outcomes. Trading strategies can be simple...