The graph shows the New Zealand Dollar (NZD) versus the U.S. Dollar (USD) exchange rate on the FXCM platform, displayed as a candlestick chart with an accompanying volume histogram at the bottom. The price action spans from approximately 18:30 to...
The prop firms risk department did not approve the payout, citing a breach of the maximum risk per trade idea. I sent them a reply explaining that the violation did not occur due to my actions but was caused by significant slippage when the stop...
I observe the USDJPY H1 chart trading around 159.30 after a prolonged period of choppy upward movement that gradually transitioned into a broad consolidation structure. From my perspective, the market initially printed a sequence of higher highs and...
GBP/USD DAILY CHART ANALYSIS The GBP/USD pair is trading positively and has constructed a trading channel that shows resilience as it trades near the 1.3450 value and is encouraged by the weakness in the value of the US dollar. The near-term...
GOLD Timeframe H4 : On the Gold chart with a 4-hour timeframe, the market structure still reflects a transitional phase following the strong bearish pressure in mid-March. This sharp decline caused the price to break below the 100-day moving average...
