Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
AUD-USD H4 TIME FRAME If we look at the condition of the AUDUSD currency pair in the last two weeks which has been more dominantly moving in its bearish path, then it is likely to try to move down again targeting the decline target in the range of...
Gold prices have surged for the third consecutive day, defying a stronger US dollar, as investors seek refuge in safe-haven assets amid growing economic uncertainty. The precious metal has rallied over 3.4% this week, with its sights set on the...
GBP/USD Market Outlook The GBPUSD pair price movement until now remains in a bearish trend. The increase in the UK inflation results (CPI) released yesterday did not seem to support the outlook for the Pound Sterling currency. The price was again...
The USD/JPY pair is trading around the 154.37 level, showing a clear rejection from higher levels near 156.50. The price action indicates a series of lower highs and lower lows, which points toward a developing downtrend on the H1 timeframe. The...
