The movement of the USD/CHF pair ahead of the Fed interest rate cut at the end of July is at a critical level. On the daily chart, the yellow rectangle area marks the pivot level, which acts as the boundary between sellers and buyers in previous...
The EUR/USD currency pair experienced a decline on Thursday, falling to the critical 1.0900 level. This downward movement coincided with a broader strengthening of the US dollar. The release of US jobless claims data, showing an unexpected increase,...
Start by defining your trading goals, whether they are short-term profits or long-term growth. Determine your risk tolerance and set limits on the amount of capital you are willing to risk per trade. Choose a trading style that aligns with your...
Technical analysis is a crucial strategy for navigating Forex market volatility. This approach involves studying historical price charts and utilizing various technical indicators such as moving averages, Bollinger Bands, and Relative Strength Index...
Begin by setting clear trading goals and defining your risk tolerance. Choose a trading strategy that suits your objectives, such as trend following or mean reversion. Conduct thorough market analysis using technical indicators and fundamental data....