Bitcoin (BTC) has been trading in a narrow range of around $63,100 for the past week, despite increasing transfer volumes and panic selling from smaller investors. This selling pressure has driven the average daily trading transfer volume up from...
WHAT IS A TWEEZER CANDLESTICK PATTERN _What is a Tweezer Candlestick Pattern?_ The Tweezer candlestick pattern is a technical analysis tool used to identify potential reversals in financial markets. It consists of two candles with identical or...
The 50% Fibonacci retracement level is a widely used but technically unofficial Fibonacci level in trading. While the official Fibonacci retracement levels are derived from the Fibonacci sequence (23.6%, 38.2%, 61.8%, 78.6%, etc.), the 50% level is...
Managing Risk in Forex Trading: A Trader's Guide If there’s one thing I’ve learned in Forex trading, it’s this: managing risk is the name of the game. Sure, strategy matters, but without solid risk management, even the best traders can lose big....
EUR/USD technical analysis Currently, EURUSD is trading at 1.0935. Since the morning, the price has shown a joyous sluggish moment, and we tested the daily SMA-50 at 1.0955. Prices are moving downward as the SMAs of 150, 200, and 50 fail, but buyers...
