Analysis and Trading Strategy for USDCAD: Hello, traders. Let’s delve into finding the precise entry point for the USDCAD pair on the chart. After a thorough analysis, I am inclined towards selling the instrument from the 1.38166 level. This...
The linear regression line is down, indicating the strength of sellers. The profit is on the south side, towards the bottom of the channel 2384.49. I consider sales from the level of 2403.29, which must withstand the bullish attack, otherwise the...
**Technical Analysis of EUR/JPY on D1 Chart** Greetings, Sergey! The EUR/JPY currency pair is currently in a neutral position, exhibiting characteristics reminiscent of nested dolls, with patterns visible across various scales. This analysis aims to...
GBP/CAD H_1 #GBPCAD (British Pound / Canadian Dollar). After inspecting the current chart of the currency pair/instrument on the H1 time frame, we can note favorable market conditions for bullish trades. In order to choose the most suitable position...
Mastering Forex Market Psychology: Controlling Emotions for Better Trading Forex trading is as much a mental game as a technical one. Understanding market psychology and controlling your emotions are crucial to making rational decisions and...