Price Action Strategies: USD/ CAD Our discussion pertains to the present review of the USD/ CAD currency pair's pricing behavior analysis. The USD/CAD currency pair has been steadily overcoming obstacles on the daily chart, including breaking the...
What Is a Hook Pattern? The Hook pattern in technical analysis is a candlestick formation characterised by a unique hook-like structure. It reflects a potential shift in market sentiment, signalling the end of a prevailing trend. There are bullish...
The EUR/USD pair, currently trading at 1.11390, has been displaying a bearish trend, suggesting that the euro is weakening against the U.S. dollar. Despite this downward momentum, the movement has been relatively slow, and the pair hasn’t exhibited...
Reviewing the forum posts, I already see a divergence of possibilities for gold not only in myself but also in some others. And this continues as the fundamental uncertainty around the dollar persists depending on the situation unfolding in my...
Effective Risk Management Strategies for Forex Trading Effective risk management has been key to my approach in forex trading, ensuring I protect my capital and stay on track for long-term success. Here are the strategies I find most helpful: ...