The AUD/USD chart on the daily timeframe shows significant movements between well-established liquidity zones and key areas of interest. Price recently found support around the 0.6600 level, coinciding with a daily liquidity zone (DLiq), which has...
The AUD/USD pair exhibited a bullish tone for the second consecutive day on Friday, driven by a combination of domestic strength in Australia’s labor market and global risk sentiment shifts. After bouncing off the mid-0.6600s—a one-month low—the...
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...
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...