Control of Over Trading Overtrading is a common pitfall among Forex traders, especially beginners. It occurs when a trader places too many trades, trades excessively large positions, or spends too much time in the market. This behavior often leads...
I observe the EURJPY trading at 163.592, positioned below the fast 10-period moving average, which signals potential weakness and presents an opportunity for short positions. I am targeting an entry at 163.870, selected from the levels 163.790,...
Trump suspends 50% tariffs on EU imports until July 9 US President Donald Trump puzzles market participants with his tariff policy. On May 25, he agreed to the EU leaders’ calls to postpone the 50% tariffs he imposed on EU imports for another month....
The USD/JPY pair has caught my attention on the hourly chart, and I believe the bears are starting to make their presence felt. I observe that traders initially pushed the pair to 146.28 but failed to sustain above this level, leading to a drop to...
Forecast for GBP/USD on May 29, 2025 On an hourly chart, the GBP/USD pair fell to 1.3425 level on Wednesday. This level will favor a rebound pound and potentially moves at 1.3520 to 161.8% fibonacci retracement. A consolidation below 1.3425 will...
