The Impact of Forex Spread in Day Trading: A Crucial Factor for Success In forex trading, the spread is one of the most significant factors that directly impacts a trader's profitability, especially for day traders who execute multiple trades within...
AUD/USD As of today, AUD/USD is holding steady around 0.6300, showing some resilience despite ongoing market volatility. The recent weakness in the US Dollar, driven by increasing trade tensions and expectations of potential Federal Reserve rate...
Today, we discussed a trading idea regarding the XAUUSD (GOLD) currency pair, and I expressed my view that there is still potential for the asset to decline further. I was looking for a reversal to occur from a liquid area of imbalance at 2910.89....
Analysis of GBP/JPY on H4 Timeframe Good evening, everyone. In this analysis, I will examine the GBP/JPY currency pair using the H4 timeframe. As of now, the price is trading below both the 21-period and 34-period Moving Averages, indicating that...
Analyzing Support and Resistance for the USD/CAD Pair (March 10, 2025) In the realm of forex trading, the USD/CAD currency pair currently exhibits intriguing price dynamics worth analyzing. Based on various technical references, this pair is broadly...
