Stop Loss and Take Profit in Forex Trading 1. What Are Stop Loss and Take Profit? Stop Loss (SL) and Take Profit (TP) are essential tools in Forex trading for risk management and profit realization. • Stop Loss: A predefined level where your trade...
Important points about AUDUSD: The AUDUSD market has recently shown little positive reaction to the speech of the Australian RBA Governor or the release of the CPI rate. These key events typically have an impact on currency pairs, but in this case,...
EUR\USD D1. Good evening Daliy! Yes sir, the last three days the pair traded inside the monthly support zone at 1.05357 - 1.04549 I test daily both the upper and lower border of this zone. And now at the moment of the beginning of America the price...
NZD-USD H4 TIME FRAME After the Reserve Bank of New Zealand (RBNZ) cut interest rates by 50 bps. The price of the NZDUSD pair tends to experience a fairly impulsive increase. Actually, this is very contradictory because an interest rate cut can...
Technical analysis of the EURUSD pair After a sideways price movement during this week, the price is approaching the end of the week with a positive close upwards after breaking the sideways area upwards. The EURUSD price had started trading this...
