What is range trading? Range trading is a strategy used in financial markets, particularly in stock, forex, and cryptocurrency trading, where traders identify a range within which the price of an asset fluctuates. They then buy the asset when its...
Analysis of USD/GBP Price Behavior The price behavior of the USD/GBP currency pair has been analyzed, revealing significant movements that necessitate a shift in strategy. Here’s a detailed breakdown of the current market conditions and...
Analysis of AUD/USD Performance Current Situation As of yesterday, the AUD/USD pair tested the local support level at 0.66488 before bouncing back, forming an indecision candle with a slight bearish bias. At this moment, I don't find anything...
Recent Strength of the US Dollar Recently, robust monthly job data from the US has further strengthened the US Dollar, leading to a decline in the GBP/USD pair. Strong employment figures indicate that the US economy is performing well, which...
Have a nice day and lots of profit, everyone! At the moment, my trading strategy based on a complex of Heiken Ashi, TMA, and RSI candlestick indicators tells me that it is high time to buy the currency pair or instrument since the agreed signals of...