Intraday Forex Trading: Strategies, Techniques, and Key Considerations Intraday forex trading, also known as day trading, is a popular trading style where traders open and close positions within the same trading day. Unlike swing or position...
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...
I believe that the USD/JPY pair is currently facing downward pressure, and I see no compelling reason for it to move north. I have already made my case regarding the Bank of Japan (BOJ) potentially raising rates by 0.5 to 1 basis point in March,...
I am currently analyzing the NZD/USD currency pair with the intention of opening long trades. My preliminary trading strategy involves entering the market from the 0.5715 level, targeting the 0.5778 level. I believe this setup is supported by the...
AUD USD today technical analysis and trading decisions As of March 10, 2025, the Australian Dollar (AUD) is trading near 0.6300 against the US Dollar (USD), reflecting a period of consolidation amid a weakening US Dollar. Technical Analysis: ...
