Trading safely in the forex market requires a combination of education, discipline, and risk management. Start by educating yourself about forex fundamentals, including currency pairs, market trends, and economic indicators. Use demo accounts to...
Technical Analysis of NZDUSD (30-Minute Chart) The NZDUSD pair is currently trading at 0.5984, showing a slight upward movement from the open price of 0.5969. The price action has formed a small range between 0.5969 (low) and 0.5985 (high),...
I analyzed the GBP/USD pair using a combination of ZigZag waves from the H4 and H1 timeframes and overlaid them on the H4 chart. I found that placing the H1 ZigZag onto the H4 chart provides a clearer picture of the internal wave structure, which...
Technical Analysis H-4 Chart EUR/USD shows an upward trend, and therefore the upward movement direction is a higher priority. In addition, if you look at this currency pair on a four-hour time period, then in general the minimums and maximums...
Buy Side Trade Setup Entry Point: Based on the chart, the Gold Spot/US Dollar price on the 15-minute timeframe is currently at 3,307.170. A buy-side trade setup can be initiated if the price breaks above the recent high at 3,310.000, confirming a...
