Stop Loss and Take Profit in Forex Trading 1. What Are Stop Loss and Take Profit? Stop Loss (SL) and Take Profit (TP) are essential tools in Forex trading for risk management and profit realization. • Stop Loss: A predefined level where your trade...
NZD-USD PAIR FORECAST Based on the NZDUSD H4 chart seen on the chart, the main trend shows a dominant bearish movement, with prices consistently below the EMA 100. EMA 100 functions as dynamic resistance, indicating that the downward momentum is...
Technical analysis Gold H-4 chart Hello, dear! I'm leaving XAU/USD for now. I don't understand where it can lead us. What I see now from the indicators on the daily chart using the wave technique: - MA100 is still leaving a slight angle of ascent...
USD/CHF Technical Analysis: Today, USD/CHF seems stuck in a consolidation phase of around 0.8780, with no strong push in either direction. The first resistance I watch is at 0.8820, right where the 50-day moving average sits. If the price breaks...
General points about EURJPY: Yesterday, the EURJPY market followed a bearish trend and dropped below the 161.26 level, indicating that the sellers were in control during that trading session. This price movement suggests that downward pressure on...
