The wave pattern for GBP/USD remains quite complex and ambiguous. A successful attempt to break through the 50.0% Fibonacci level in April indicated the market's readiness to form a downward wave 3 or c, but we have only seen an increase since then....
Understanding trading risk management in Forex trading is crucial for long-term success. Effective risk management strategies help traders protect their capital from significant losses. One essential technique is setting stop-loss orders, which...
Good morning, dear friends, and welcome to a new day, fellow traders. It hardly feels like it's already January, and with optimism, the results achieved this Sunday align with our goals, possibly marking a positive start to 2024. On Thursday, I plan...
USD/CAD Price Overview Our discussion centers on the live examination of the price action of the USD/CAD currency pair. When approaching the upper boundary of the H4 downtrend channel, the USD/CAD pair rebounded toward the lower boundary and fell...
USD/CHF: Trading Strategy with Price Action Today, we'll discuss analysing the USD/CHF currency pair's price movements. Today, I examined the charts and observed that the price has reached the resistance level of 0.89861. If a reversal candle forms...