The Australian dollar (AUD) has started the week on a weak note, with the AUD/USD pair declining by 0.21% to 0.6660. This downward movement comes ahead of crucial data releases that will likely shape market expectations regarding the Reserve Bank of...
The pair is currently hovering around 143.10 after retreating from a weekly peak of 143.80 during the early US trading hours on Monday. This decline can be attributed to a softer US Dollar (USD) and a shift in market sentiment towards safe-haven...
The Bears Power Trading Oscillator Strategy #1 The Bears Power oscillator is a technical indicator that measures the amount of energy or "power" that bears (sellers) have in the market. It's calculated by subtracting the lowest low of the period...
Thank you very much for the explanation, I did not know this entry...
Forex trading with a trend reversal strategy involves identifying when the current trend is losing strength and preparing for a potential reversal. This strategy can be highly rewarding, but it also comes with risks because you're essentially...