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...
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....
BIG RESISTANCE AT FOREX MARKET _Big Resistance at Forex Market: Understanding and Trading_ _Introduction_ Big resistance levels are critical price zones that act as barriers to further price movement in the Forex market. Understanding and trading...
On Saturday, ETH/USD experienced a slight gain of 0.59%, reaching approximately $2,470. This increase occurred even as Glassnode reported a drop in Ethereum's market cap dominance relative to Bitcoin. Despite the overall negative trend in Ethereum...
