Managing risk is crucial to achieving success in Forex trading. It involves understanding the potential losses and taking steps to minimize them. One proven technique is to set a stop-loss order, which automatically closes a trade when it reaches a...
EUR/USD H-1 Hello, Natalia. On the H1 timeframe, EURUSD is flat in a downtrend pattern after the quote retested 1.0947. That's why I am bearish, the quote will most likely break 1.0825, and this level is the lower limit of the flat, and will fall to...
NZDUSD H4 Analysis Market Trend The NZDUSD pair is currently in a strong downtrend on the H4 timeframe. Price action has been consistently forming lower lows and lower highs, indicating a sustained downward momentum. Support and Resistance Levels ...
The Euro strengthened against the US Dollar on Friday, with the EUR/USD pair breaching the 1.0850 level. This upward movement was fueled by a decline in the US Dollar Index, despite the release of hotter-than-expected US core Personal Consumption...
Our discussion centers on tracking the GBPUSD currency pair's price movements in real-time. The breach of the 1.2859 resistance by the bulls has pushed GBP/USD into overbought territory and resistance at the daily channel. A pullback has since...