Fundamental analysis in the Forex market relies on daily economic variables and is heavily influenced by news events that can significantly move currency pairs. Many traders find this type of analysis challenging and often do not rely on it...
The analysis of the EUR/USD currency pair reveals a compelling narrative of potential bearish momentum as we approach the upcoming week. As the price hovers below the significant resistance level of 1.0951, the market sentiment appears increasingly...
EUR/USD technical analysis Currently, EURUSD is trading at 1.0935. Since the morning, the price has shown a joyous sluggish moment, and we tested the daily SMA-50 at 1.0955. Prices are moving downward as the SMAs of 150, 200, and 50 fail, but buyers...
Managing Risk in Forex Trading: A Trader's Guide If there’s one thing I’ve learned in Forex trading, it’s this: managing risk is the name of the game. Sure, strategy matters, but without solid risk management, even the best traders can lose big....
WHAT IS A TWEEZER CANDLESTICK PATTERN _What is a Tweezer Candlestick Pattern?_ The Tweezer candlestick pattern is a technical analysis tool used to identify potential reversals in financial markets. It consists of two candles with identical or...