EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...
Understanding the Nature of Loss in Forex Trading, (1) The Reality of Losses: Forex trading involves significant risks due to the dynamic nature of currency markets. Losses can occur due to incorrect market predictions, poor risk management, or...
Gold on 4H Analysis Yesterday Gold showed bearish momentum and even though there was no news gold still showed strong momentum and now Gold is again falling after session breaks. Let's talk about the economic calendar today I see only one important...
Today, we'll examine the recent price trends of the EUR/USD currency pair. Analyzing the daily time frame chart, we can see a descending wave pattern, and the MACD indicator suggests a bearish market. By applying the Fibonacci grid to the initial...
The GBP/USD currency pair has begun to show signs of forming a bottom, with the price action currently testing the lower red channel line. This suggests that the market is in a consolidation phase and attempting to establish a stronger foothold....