The NZD/USD pair remains under pressure around the 0.5985 mark during Friday’s Asian session, weighed down by a strengthening US Dollar. Ongoing uncertainty surrounding US-China trade negotiations continues to act as a headwind for the Kiwi, often...
The USD is currently strong, and crude oil prices are weak, leading to a bullish outlook for the USD/CAD currency pair. Impact of Crude Oil Prices on the Canadian Dollar (CAD): Canada is one of the world's leading oil exporters, and the value of the...
The Australian dollar (AUD/USD) pair experienced a significant decline during the North American trading session on Friday, falling sharply to around the 0.6380 level. This downward movement in the AUD/USD pair was primarily driven by the resurgence...
Gold Analysis using SMC Concept SMC Concepts and Key Chart Elements SMC focuses on institutional behavior through concepts like order blocks (zones of significant buying/selling), fair value gaps (rapid price movement areas), liquidity grabs (price...
The Risk-to-Reward Ratio compares the potential loss of a trade to the potential gain. In simple terms, it tells you how much you are risking in order to make a specific prof. Risk-to-Reward Ratio = Potential Loss / Potential Profit For example, if...
