Gold 4-Hour Analysis: The US dollar has been strong since the morning, and the US dollar index has been strong for the past few days. Today, news about the US economy was released, and as a result, we saw a strong bearish reaction on gold. Indeed,...
EUR/USD The EURUSD currency pair is trading in a downtrend on the H4 chart and is below both Ichimoku Cloud indicator boundaries, meaning it's in sell territory. Bearish engulfing is still active in the market. That's why the price has already...
GBP/USD Technical Analysis – Bullish Momentum Continues to Support the Uptrend The GBP/USD currency pair is currently trading at 1.32570, and the overall market trend remains firmly in an uptrend. Recent price action suggests that buyers continue to...
The Concept of Risk-to-Reward Ratio in Forex Trading What Risk-to-Reward Ratio Means The Risk-to-Reward Ratio (RRR) is one of the most important concepts in Forex trading because it helps traders measure the potential profit of a trade compared to...
TECHNICAL ANALYSIS OF GOLD H4 GOLD H4 chart shows price at 4,122.500, breaking down through MA support after rejection at 4,310.603. Gold rallied from 4,000 on June 9 to 4,310.603 on June 17, then got rejected hard. Right now price is 4,122.500,...
