I am currently analyzing the NZD/USD currency pair with a focus on potential long positions. My preliminary trading idea is to enter at 0.5710, targeting 0.5778. I am using the Ichimoku indicator to confirm this strategy, as it provides a...
EURUSD Technical Trading Analysis EURUSD is trading at 1.0905, approaching the key resistance level of 1.0948. The Zigzag indicator, which filters out minor price fluctuations to identify significant trends, shows that the pair has been in a gradual...
Technical Evaluation of EURJPY Today, I focus on EUR/JPY for my technical evaluation. The current market price is increasing, creating a rising channel. If the market price breaks this channel, it significantly supports further price growth. Should...
Technical analysis 12 March 2025 EUR/USD H-4 Hello. So far, our assumptions are coming true. In fact, our views on trading coincided with the market actions. Now, the next task for buyers (to continue the northern trend) is to strengthen their...
Effective use of trailing stops requires consideration of current market conditions. In volatile markets, traders might opt for a wider trailing distance to avoid being stopped out by normal price fluctuations. Conversely, in more stable markets, a...
