The 9 square is a popular tool used in technical analysis to predict price levels and timing in financial markets, including forex. It is based on the geometric and mathematical concepts introduced by W.D. Gann, a legendary trader known for his...
Gold: What the Charts Reveal The present analysis of the Gold price behaviour is subject to discussion. Last week, gold’s movement on the hourly chart was relatively calm. On Friday, the price hovered near the resistance level of 2663.61. Earlier in...
Riding the Waves: EUR/USD Today's focus is on analysing the price movements of the EUR/USD currency pair. On the 30-minute chart for the EUR/USD pair, the euro is currently between 1.0928 and 1.0951. Trading closed with a slight buying advantage,...
USD/JPY Market Movements We'll analyze the USD/JPY price changes in our discussion. I anticipate a price decline for the USD/JPY pair due to a notable divergence with the MACD indicator on the four-hour chart. This divergence signals a possible...
WHAT IS HEDGING IN FOREX ? _Hedging in Forex: A Comprehensive Guide_ *Introduction* Hedging in Forex is a risk management strategy used to mitigate potential losses or lock in profits by opening multiple positions that offset each other. *Types of...