Intraday Forex Trading: Strategies, Techniques, and Key Considerations Intraday forex trading, also known as day trading, is a popular trading style where traders open and close positions within the same trading day. Unlike swing or position...
USD/CHF As of today, USD/CHF is showing some interesting movements driven by both technical and fundamental factors. Here's my take on the current market conditions. Technical Analysis: Right now, USD/CHF is leaning bearish. The pair is hovering...
Currency pair GBPJPY - let’s consider the chart of the D1 period. The wave structure on this chart has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning of February, the third wave...
I am currently analyzing the NZD/USD currency pair with the intention of opening long trades. My preliminary trading strategy involves entering the market from the 0.5715 level, targeting the 0.5778 level. I believe this setup is supported by the...
GBP/AUD Good Morning, guys! The overall market of GBP/AUD looks in favor of buyers these days, indicating a strong bullish sentiment. A steady upward trend has been observed, but it needs a correction process to start a bullish journey again. Market...
