Position Trading Position trading is a long-term trading strategy where traders hold positions for weeks, months, or even years. Unlike day trading or swing trading, position traders are not concerned with short-term price fluctuations. Instead,...
Silent Points about USDCAD: The USDCAD market has reached the 1.4111 level, showing strong bullish momentum that suggests the pair could continue moving higher. Recent price action reflects growing demand for the U.S. dollar against the Canadian...
AUD / USD: An Hourly time frame Recommendations This week is going badly for the bears or sellers of AUDUSD, as they are losing their value due to the negative data release from the USA dollar. Recent economic reports from the United States have...
USD / CAD: My Trading Recommendations The price hit the 1.4188 level yesterday morning due to the weakness of the US dollar. A decline in demand for the dollar resulted in downward pressure on USDCAD. Economic reports from the United States...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hi everyone, for technical analysis, I chose USD/JPY. Let's go straight to the chart to see the current condition of the market movement. USD/JPY is trading at 145.90 at the time of writing. There...