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...
The USDJPY currency pair has experienced a notable decline throughout the week, characterized by a series of signals for both buying and selling opportunities. However, many of these signals went unexploited, primarily due to the pair trading within...
GBP/USD Analysis: March Outlook Recent Price Action The GBP/USD currency pair on the daily chart (D1) has experienced a notable surge in the early days of March, rapidly recovering all losses from the previous week. This upward movement broke...
What is Stop Out Level in Forex? In forex trading, risk management is crucial to ensure that traders avoid significant losses that can potentially wipe out their trading accounts. One key aspect of risk management that every trader must understand...
How to Use Forex Trading Plans for Consistent Success A well-structured forex trading plan is essential for achieving consistent results in the highly volatile currency market. A trading plan outlines the rules, strategies, and steps a trader must...