What is Swing Trading in Forex? Swing trading in Forex is a trading style where traders aim to capture short- to medium-term price movements over a few days to several weeks. Unlike scalping or day trading, where trades are opened and closed within...
Forecast of USDJPY According to the H4 time frame chart, the price surged due to overwhelming bullish momentum on Wednesday during the New York trading session. As a result, the USDJPY changed the trend direction by crossing the moving average lines...
There are three directions in which you can explore and study technical analysis: pattern analysis, candlestick analysis and naked price action. I prefer the first one because I extensively use free autochartist tool from HFM to identify and trade...
On a daily basis, gold prices have been moving within a channel pattern, yet lately, the pattern has begun to show signs of weakness. For more than three months, the yellow metal has been drifting sideways, suggesting a period of consolidation. Most...
GOLD ANALYSIS Good night dear all my forex trader friends. According to the latest data, XAUUSD is trading at around 3319.34. On the hourly chart (H1 timeframe), the market has shown a moderate bullish bias after a period of consolidation. Gold...
