The U.S. dollar remains under significant pressure following the Federal Reserve's decision to lower interest rates by a half point, but this is not the only problem on the Forex market. As anticipated, the Fed's unprecedented 0.50% rate cut has...
GBP-JPY D1 ANALYSIS CHART Greetings, colleagues. On the daily chart, I see that the movement has been going north lately, and today there is a movement to the north at the moment. I will try to predict the movement of the pair for the rest of the...
GBP/USD Price Activity Study As expected, the Bank of England (BOE) said on Thursday it would keep its interest rate unchanged after its September meeting. Notably, one lawmaker backed a 25 basis point rate cut. BoE Governor Andrew Bailey expressed...
Analyzing the forex market by daily candlesticks is a popular method among traders for identifying trends, price action, and key levels of support and resistance. A candlestick represents a single day of trading activity, showing four key data...
Trading using EA with HFM can be risky if not managed properly. While EAs can automate your strategy and remove emotional decisions, they’re not foolproof. Market conditions can change rapidly, and an EA programmed for one type of market might...
