Forecast of Gold On the H1 time frame chart, the price of Gold is below the moving average lines, indicating a bearish trend. On the H4 time frame chart, however, the price fell yesterday due to the overwhelming bearish momentum, and the Gold...
Risk Management Strategies Risk management is a crucial aspect of successful forex trading. Without a solid strategy to protect your capital, even the most skilled traders can face significant losses. Below are key risk management strategies every...
GBP/USD Market Analysis Currently, GBP/USD is trading at approximately 1.34774. At this moment, the pair is experiencing a downtrend, although there are signs that the price may increase in the near future. Understanding key support and resistance...
Sellers regained control of the Euro (EUR) as the EUR/USD pair faced a renewed bearish move after its initial attempt to break the 1.1400 resistance level failed. The pair retreated to the 1.1300 area, touching a two-day low, largely driven by a...
The USD/CAD pair is showing moderate strength in early trading on Wednesday, hovering around 1.3830 amid a favorable U.S. dollar fundamental. The U.S. dollar is benefiting from a notable increase in consumer confidence, with the Conference Board's...
