Trading in the forex market requires a well-defined strategy to maximize profits and minimize risks. The best forex strategy is one that suits an individual’s trading style, risk tolerance, and market conditions. Here, we explore a proven strategy...
West Texas Intermediate (WTI) crude oil futures were trading around $71.30 in early Asian trade on Friday. WTI prices saw a slight uptick following the postponement of the announcement of new US tariffs until at least April. The directive from the...
Hockey Candlestick Chart Pattern The Hockey Stick Candlestick Chart Pattern is a visual price pattern that resembles the shape of a hockey stick. This pattern typically reflects a significant price movement after a period of little or no price...
Technical Analysis and Trading Strategy for GBP/CAD Pair Upon analyzing the GBP/CAD currency pair, it is evident that the candlestick patterns are favoring buyers. The price has recently broken through the 1.7992 zone, signaling a bullish...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. Gold is a major metal and favorite metal for forex trading. The market is currently at 2645. The market is between support level at 2909 and resistance level at 2936. This...