Forex trading, known for its high potential returns, also carries substantial risk. Experiencing significant losses can be discouraging, but with a strategic approach, recovery is possible. This guide explores effective methods to recover maximum...
GBP/ USD Price Activity I am assessing the dynamic pricing behavior of the GBP/ USD currency pair. My forecast has proven accurate, with Monday's high recorded at 1.2697. The pullback was smooth, guiding us to the desired levels without issues. We...
The Australian currency is currently hovering around $0.6655, showing a neutral trend in the foreign exchange market. This is evident on daily charts, where the AUD/USD pair is stuck within a rectangular pattern, indicating a consolidation rather...
I don’t trade weekly; if you look at weekly timeframes, there will be a flat for almost half a year, but on junior timeframes, there is still movement on which you can work. There seems to be an opportunity to break through to the north, but so far,...
Price Action Analysis: EUR/ USD In our discussion, we'll analyze the price changes of the EUR/ USD currency pair. For Envelopes, growth was likely to be 1.0732. Closing the H4 candle above this level would negate the bearish movement. However, after...