Exponential Moving Average EMA The Exponential Moving Average (EMA) is one of the most popular tools used in forex trading. But what makes it so essential, and how can it help you make better trading decisions? In this article, we'll dive deep into...
The pair has extended its pullback from Thursday’s retreat, particularly from the 50-SMA (Simple Moving Average), reinforcing a three-week downtrend that extended into Friday’s session. Observing the daily timeframe, it becomes evident that the...
How many pips take it when trading cross currencies ? Introduction When it comes to forex trading, pips (percentage in point) are one of the most fundamental concepts. But how many pips does it take when trading cross currencies? This article dives...
GBP/USD My expectations of a northern correction yesterday did not come true, as GBP/USD quotes continued their downward movement, consolidating below the 1.3122 level. Today, during the Asian session, the movement continued in the southern...
AUD/USD If we look at the chart of the AUD/USD pair, we did not find any significant changes yesterday, as the prices are still trading above the support level of 0.6643, while maintaining positions below the red moving average. Therefore, there is...