Range-bound trading is a popular strategy in the forex market that focuses on identifying and trading within well-defined price ranges. Unlike trend-following strategies that aim to capitalize on strong directional moves, range-bound trading is...
EUR/USD Technical Analysis – 45-Minute Timeframe The EUR/USD pair is currently navigating key technical levels, presenting both support and resistance zones that traders should carefully monitor. With a 45-minute timeframe in focus, let’s examine...
Scalping is one of the most popular trading strategies in the forex market, especially among beginners who prefer quick trades and fast results. It involves making multiple trades throughout the day with the goal of profiting from small price...
Hello, Yuri. Yes, indeed, the US dollar is expected to weaken in the future. The current policies and actions by the administration seem to be aimed at depreciating the dollar, and there are several reasons behind this strategy. One significant...
On the daily chart of the AUD/NZD pair, we can see that the market has moved into a strong bearish trend structure as it broke a key long-term support level and made lower highs. For most of 2024, the currency pair has been trading within a broad...