Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. AUD/USD market price has faced resistance at 0.6402 for several days and found support at 0.6335, which has not been broken in any way so far. Technically, if we look at the...
Stop Loss Orders A Stop Loss Order is a risk management tool used by traders and investors to automatically sell an asset when its price reaches a predetermined level. This helps limit potential losses and protect capital from significant...
Analysis of CHFJPY: Current Market Trends and Trading Strategy Overview of Market Conditions Currently, the CHFJPY currency pair is exhibiting a clear downward trend on the hourly (H1) chart. The price is situated below the moving average, a strong...
THE CURRENCY PAIR AUD-USD The price of the Australian reversed and, as expected, was pushed to the north, as a result of which a full bullish candle was formed, which was able to easily consolidate above the maximum of the previous daily range....
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis, the market is falling; the trend line that helped push the price higher is broken. When the market price stabilized after breaking this trendline, a wide gap was formed...