Trading by volume is a fundamental concept in financial markets that plays a crucial role in analyzing price movements and making informed trading decisions. Volume refers to the total number of shares or contracts traded during a specific period,...
NZD/USD - 1H Chart Analysis Market Overview: NZD/USD has been in a strong downtrend, dropping from a high of 0.58533 to a low of 0.55516. This sharp decline indicates that sellers are in control. The recent candles show some attempt at recovery, but...
USD/CAD USD/CAD Increases Significantly to Approach 1.4240 Following US And Canadian Jobs Statistics Key Analytics: USD/CAD rises to around 1.4240 following the announcement of employment data from both the United States and Canada. The Canadian...
USD/JPY Analysis – 1H Timeframe The USD/JPY pair is currently trading at 146.854, with recent price action showing a decline from the 151.211 high. The market recently found support around 144.551, leading to a slight recovery. Indicators...
What is Position Trading? Position trading is a long-term trading strategy where traders hold positions in the market for weeks, months, or even years. Unlike scalping or day trading, position trading is not concerned with short-term price...
