Looking at EURAUD on the 4H chart, price has once again reacted from the same support zone around 1.75280–1.74900, which I’ve already marked and circled multiple times. This area has been tested several times in the past, and each time price...
ANALYSIS OF NZD/CAD PAIR. For the last seven weeks, NZD/CAD has been moving sideways within a triangle shape, finishing the pennant flag pattern. You can easily see this pattern on both the daily and weekly charts. Right now, the pair is rising...
Gold Watch: Why I'm Staying Bullish on XAU/USD Today As of this morning, I’m seeing gold (XAU/USD) holding strong around $3,375, up 0.45% on the day. Price action has bounced between $3,343.95 and $3,384.70, and from what I can tell, momentum is...
Overtrading, often a result of impulsive behavior and lack of discipline, is a common pitfall for traders driven by the urge to make quick profits. To control overtrading, it is crucial to start with a well-defined trading plan. This plan should...
AUD/USD Analysis: Bearish Trend Suggests Imminent Volatility As of now, the AUD/USD pair is trading around the 0.64583 mark, reflecting a continued bearish sentiment that has been in play over recent weeks. The Australian dollar (AUD) has struggled...
