A strategy also serves as a risk management tool. It allows traders to set stop-loss orders, define position sizes, and establish risk-reward ratios. This means that even in the face of losses, the trader can minimize their exposure and protect...
The USD/CHF currency pair experienced a significant downturn at the commencement of the European trading session on Friday, primarily fueled by a weakening US dollar. This depreciation stemmed from a climate of heightened market caution, largely...
Hello! Let’s start by discussing the recent trends in the EUR/USD currency pair, which has been experiencing a steady upward movement over the past week. Previously, we observed attempts to break through the 1.0500 level, accompanied by a period of...
Last night, the market moved above the 0.5712 level. Considering bullish momentum, NZD/USD remains under the control of buyers and may continue following an upward trend. The pair consistently showed resilience, with buyers maintaining control over...
Bitcoin (BTC/USD) Analysis Good Morning everyone. Today I will discuses about BTC/USD (Bitcoin) Bitcoin (BTC/USD) trades at 85,840, between key support levels at 83,340, 81,612, and 78,414, and resistance levels at 93,944, 97,080, and 99,718. The...