AUD-USD H4 TIME FRAME If we look at the condition of the AUDUSD currency pair in the last two weeks which has been more dominantly moving in its bearish path, then it is likely to try to move down again targeting the decline target in the range of...
Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
Important Points of GBPJPY: Today, the GBPJPY market has dropped below the 196.00 level, signaling a shift in market sentiment as sellers gain strength. This downward movement suggests a bearish trend for the pair, which may continue throughout the...
Date: 21th November 2024. Gold Regains Momentum as NVIDIA Delivers a Revenue Surge! For example, traders are able to see the price trading above the Bollinger Band, within a bullish moving average crossover and significantly high on most...
PAIR REVIEW EURNZD As we can see, the bulls failed to break the first resistance level. At the moment, analyzing the situation on the hourly chart, we can note the EURNZD pair is in a bearish trend and is now trying to gain a foothold below the...