Buy Side Trade Setup Entry: The AUD/USD 1-hour chart shows a descending channel with the price at 0.64319, near the lower trendline support around 0.64200. A buy-side trade setup can be initiated if the price holds above this support and shows...
Global trade tensions are once again under the spotlight as former U.S. President Donald Trump reaffirmed that there would be no exemptions from the existing 20% tariffs related to fentanyl-linked goods. While markets had braced for a steeper 145%...
Let’s dive into an exciting technical analysis of the Canadian Dollar (USD/CAD) on the 1-hour timeframe, specifically focusing on the Bat Pattern – one of the most popular harmonic patterns in trading! First: What is the Bat Pattern? The Bat...
Time management is a cornerstone of success in forex trading, a market that operates 24 hours a day and is renowned for its volatility and rapid price fluctuations. In such an environment, traders must be deliberate about how they allocate their...
EUR/ USD Technical Analysis The EUR/ USD brace is trading around 1.1346 as of June 1, 2025, after passing significant volatility over the once two weeks. The brace lately tested a critical resistance zone between 1.1342 and 1.1361, marked by the...
