The image provided appears to be a technical analysis chart used for trading financial instruments such as stocks, forex, or cryptocurrencies. Let's break down and analyze the key components of the chart: ### 1. **Chart Pattern and Trend Lines** The...
Day trading means buying and selling securities rapidly — often in less than a day — in an attempt to profit off of short-term price movements. If you're researching how to day trade, chances are you're intrigued by the prospect of turning quick...
AUDUSD H4 Australian unemployment and employment rates are important in changing market sentiments. In addition, US Federal Funds will bring up rates, FOMC meetings, FOMC Economic Project, and press conference AUD/USD market volatility. Therefore,...
NZD/USD/H1 In analyzing the current movement of the NZD/USD pair on the H1 chart, it's evident that a robust trend is underway, driving the currency pair towards the upper savings line. This upward trajectory encounters a formidable barrier at this...
The USD/JPY market experienced a turbulent day, with buyers unable to recoup their losses, driving the price down to approximately 155.26. This suggests a shift in momentum towards the sellers, making a buy order on USD/JPY more advantageous than...