AUD/USD As of today, AUD/USD is trading around 0.6347, showing a slight recovery from recent lows. Here’s my take on its technical and fundamental outlook. Technical Analysis: The pair is moving within a bullish channel, with key support around...
What is Margin Trading in Forex? Margin trading in Forex is a method of trading where traders can control a larger position than the amount of capital they initially invest. In simple terms, it allows traders to borrow money from a broker to...
Forex Flat Wave and How to Utilize It Properly Forex trading involves various market patterns and strategies, one of which is the Flat Wave in Elliott Wave Theory. This pattern helps traders identify potential price movements and make informed...
Core Points about GBPAUD: Recently, UK news events have not been particularly strong, whereas Australian news events have significantly strengthened the AUD. The UK economy has shown signs of weakness, with economic indicators failing to provide...
the GBP/USD pair chart with 1H time frame shows resistance and support levels. you can make good entry for sell using price action. you should make risk management also with the stop loss .always use risk management while trading to avoid huge loss...
