Riding the Waves: EUR/ USD Prices Today's focus is on analyzing the price movements of the EUR/ USD currency pair. On the H4 chart, I had set a bullish buy zone, likely at 1.11791. I bought in at this level, expecting a moderate rise to 1.12291,...
Risk management is a critical component of successful trading strategies in the Forex market. By implementing effective risk management techniques, traders can protect their capital and enhance their long-term profitability. Below are essential...
USD/ JPY Price Analysis Our current focus is evaluating the price action of the USD/ JPY currency pair. There is a possibility that instruments may open on Monday with a gap, as the aggressive downward trend driven by a market maker or a significant...
For the upcoming trading week, the AUD/USD currency pair presents an interesting scenario. Currently, the support level at 0.6780 appears to be a good entry point for opening long positions. However, we need to be patient and wait for a pullback to...
USD/ CAD: The Art of Price Action Analysis Our conversation focuses on the ongoing live evaluation of the pricing of the USD/ CAD currency pair. The USD/CAD pair has experienced fluctuating movements throughout the past week. On Monday, it dropped...