Stop Loss A Stop Loss is a risk management tool used in forex trading to limit potential losses. It is a preset price level at which a trader's position is automatically closed if the market moves against them. How Does a Stop Loss Work? When a...
Today, gold is trading around $2945. From a technical indicators perspective, the price has shown some consolidation, but bullish momentum is still present. However, there are also signs of being overbought, which could lead to a short-term...
The EUR/JPY currency pair experienced a slight uptick during Monday's Asian trading hours, reaching 156.65. This modest gain was attributed to renewed buying interest in the Euro, spurred by reports of a proposed month-long ceasefire in Ukraine by...
EURUSD DAILY ANALYSIS How are you today, hopefully you are all in good health and of course today's trading plan can run smoothly according to expectations . EURUSD has an interesting setup for our daily trading. Where on Friday's trading the price...
Trading Strategy for USD/JPY: Short Positioning As market dynamics continue to unfold, I am currently focused on shorting the USD/JPY currency pair, which is presently trading at the level of 150.169. Given the behavior of sellers in the market, I...
