Friday's nonfarm payrolls, as tracked on ************, landed like a hammer on the pound. Cable had been loitering near 1.3463 before the release, then dropped nearly 0.60% to around 1.3371 and closed near 1.3352. The headline print of 165,000...
The Mechanics of Order Block Trading: A Visual Guide 1. Understanding the Concept of Order Blocks Order Block (OB) trading is an important concept within Smart Money Concepts (SMC). It focuses on identifying price zones where institutional traders...
Comprehensive Technical Analysis: EURNZD Daily Chart Structure, Liquidity Sweeps, and Momentum Expansion Introduction: Macro-Technical Overview of EURNZD Daily Structure The daily (D1) chart for the Euro against the New Zealand Dollar (EURNZD)...
Hi. Of course, all week, buyers tried to break through the high of 1.1270 and consolidate above it, but they failed to do so. Instead, they experienced a small false breakout, took out short stops placed by sellers, and then resumed their downward...
The Ultimate Guide to XAU/USD: From Market Structure to Precision Entries XAU/USD represents the price of gold against the US dollar and is one of the most popular instruments in forex and CFD trading. Gold attracts traders because of its...
