GBP/USD D1 chart The trading week began with a subdued tone, as a dearth of economic data left markets relatively calm. Last week, traders digested the mid-tier US Existing Home Sales Change for June. Meanwhile, GBP/USD investors are eagerly...
USD/CAD H4 chart I am presently dissecting the dynamic pricing behavior of the USD/ CAD currency pair. Based on my analysis, I continue to sell USD/CAD. Yesterday, I mentioned that the price hovered at the 61.8% Fibonacci retracement level and had...
ALWAYS USE A STOP LOSS The Importance of Always Using a Stop Loss Trading in the financial markets can be a thrilling experience, but it can also be a daunting one, especially for beginners. One of the most critical tools that traders can use to...
AUD/USD H1 chart On work start night On Monday as the risk-on mood increased, the Australian Dollar (AUD) gave up some of its recent gains versus the US Dollar (USD). Later in the North American session, traders anticipate US Federal...
The gold market continued its upward trajectory on Friday, surpassing $2,530 after a brief dip from its recent high of $2,532. This rally coincided with a decline in the US dollar index, which gave up its earlier gains following news of an attempted...