I observe that the EUR/USD pair closed Tuesday with a bearish candle resembling a pinbar, signaling potential weakness in the current uptrend. I waited for the XamaSystem indicator on the daily timeframe to be tested, but it has since shifted lower...
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Traders might close a position when it reaches their predefined profit target. This ensures they secure gains instead of risking a reversal in the market.Implementing a stop-loss order is a risk management strategy. When the market moves against a...
# EUR/USD Daily Chart Analysis Hello, colleague. The USD/CAD pair remains relatively unchanged, with the price still hovering around the local MA18. # Key Insights from Technical Indicators - *MA100*: Continues to move parallel to the floor,...
GBP / USD: My Trading Recommendations The current market scenario is disappointing for the bulls of GBPUSD as it has been dropping consistently since the start of this week. It might remain below the 1.2900 level today. Keep in mind that the GBPUSD...
