One of the key advantages of a trading strategy is that it helps mitigate emotional decision-making. Fear and greed are common emotions that can cloud judgment and lead to poor decisions. By sticking to a strategy, traders can avoid the pitfalls of...
EUR/USD surged past the 1.0800 threshold on Thursday, marking fresh multi-month highs amid a pronounced decline in the US Dollar. The bullish momentum saw the pair briefly touch the 1.0850-1.0855 range before encountering resistance, leading to some...
The chart represents Bitcoin's price movements on an hourly timeframe. The price is currently at 90,348.62, showing recent volatility. Bollinger Bands are applied, indicating periods of contraction and expansion in price volatility. The bands have...
Gold prices experienced a pause in their upward momentum on Friday, interrupting a three-day winning streak as investors opted to secure profits ahead of the highly anticipated US non-farm payrolls (NFP) report. Additionally, the rising yields on US...
The USD/CHF pair extends its recovery from the mid-0.8800s, bouncing off its lowest level since December 12 and maintaining positive momentum for the second consecutive day. As of Thursday’s Asian session, the pair trades above the 0.8900 mark....