Introduction to Profits and Deposits in Forex Trading Forex trading, the exchange of one currency for another, offers significant profit potential, drawing both novice and experienced traders. However, realizing profits in forex trading requires a...
In forex trading, a chart pattern is a distinctive formation created by the price movements of a currency pair on a chart. These patterns are essential tools for technical analysis, as they help traders predict future price movements based on...
Date: 11th June 2024. Market News – Inflation reports dominates! Financial Markets Performance: * The USDIndex has caught a bid with the push back to rate cut expectations. It closed at 105.150, back with a 105 handle for the first time since May...
Gold Price Action Forecast We are currently analyzing the price behavior of gold. Yesterday, gold prices remained within the previous daily range and did not drop below it or reach the nearest support level. Instead, we observed a corrective upward...
On the H1 chart, the overall trend breakout for gold remains valid. Currently, bears have taken control above the $2315.00 level. This means that sellers are dominating the market at this price point. Despite this, gold is now moving into a...