Trade Summary Today’s trade on GBP/USD didn’t go as planned. I entered a sell position on the M15 timeframe at 1.28759. My stop loss was set at 1.28820, and the take-profit target was 1.28365. The lot size was 0.5. Unfortunately, the trade ended in...
The New Zealand dollar is strengthening due to improved risk sentiment globally and upbeat commodity market performance, which directly benefits NZD as a commodity-linked currency. Meanwhile, the US dollar has been under slight pressure following...
The USD/CHF currency pair is currently forming an interesting technical pattern known as the Butterfly Harmonic Pattern. This is one of the well-known harmonic patterns, recognized for its high accuracy in identifying potential market reversal...
The Forex market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion. One of the most effective strategies for trading in the Forex market involves the use of supply and demand zones. These...
In the world of forex trading, technical analysis is a critical tool used by traders to make informed decisions about their market positions. One popular approach involves the use of various indicators to gauge market momentum, trends, and potential...
