Price action trading is a technique that focuses on analyzing historical price movements without relying on lagging indicators, making it highly effective for identifying optimal entry and exit points in Forex. By observing price behavior and...
Technical Analysis of Gold (H1 Timeframe) The price of gold on the H1 chart shows a recent uptick, opening at 3304.34 and closing at 3318.98, with a high of 3319.23 and a low of 3303.94. This indicates mild bullish momentum, as the price managed to...
After trading for 5 years, which includes 1 year of just learning without putting my capital, I have observed the following: 1) People chase fast money with a very small amount through extremely high leverage. Pls stop! NEVER GONNA MAKE IT! 2) High...
Euro/US Dollar Shows Signs of Potential Downturn The daily chart for the Euro against the US Dollar (EUR/USD) presents an interesting picture for traders to consider. As of the latest data, the pair is trading around the 1.13619 level, having...
Technical analysis 27 April 2025 w-1 Chart USD/CHF H-4At the time of writing this post, the USDCHF currency pair, on the weekly chart, is showing a southern correction and is at the position of 0.82754. The indicator of the InstaForex company,...