As we approach the 1.2650 level, we may encounter slight downside opportunities, which could allow traders to reassess their strategies. Those currently holding short positions should consider adjusting their trailing stops to protect potential...
A 200 pip target in long-term forex trading refers to a profit target of 200 pips (percentage in pips) over a longer time frame, usually ranging from a few days to weeks or even months, depending on market conditions and trading strategy. You can...
In Friday's North American trading session, the currency pair displayed some gains but struggled to push beyond the critical resistance level of 1.0870. This hesitation can be attributed to comments made by Central Bank President Christine Lagarde,...
ABC PATTERN *The ABC Pattern: A Comprehensive Guide to Trading with Confidence* *Introduction* The ABC pattern is a popular and reliable trading pattern used by technical analysts to identify potential price movements in financial markets. This...
The British Pound (GBP) continues to hold strong, bolstered by the Bank of England’s (BoE) decision to maintain interest rates at current levels and reduce its stock of government bonds by another £100 billion over the next 12 months. This steady...