Introduction The foreign exchange market, or Forex, is a dynamic and vast financial marketplace where currencies are traded. With a staggering daily trading volume surpassing $6 trillion, Forex stands out as the largest financial market globally....
As the EUR/USD currency pair approaches pivotal technical levels, traders and investors must exercise vigilance and adapt their strategies accordingly. The foreign exchange market is often driven by both fundamental and technical factors, and the...
The EUR/USD currency pair is displaying a bearish trend on the 4-hour chart. The price has dropped to the support levels of 1.08971-1.08571, and there is a possibility of another decline to these areas. However, a corrective rise is anticipated,...
Analysis of the GBPUSD pair in the H-4 time frame. The GBPUSD pair price is seen moving between the pivot point (PP) of 1.3073 and support (S1) of 1.3013. There is no impulsive movement towards the resistance (R1) 1.3125 or moving lower past the...
PK-HERO TRADING JOURNAL UPDATE ON GOLD Last Monday, gold experienced a fairly high increase because the candle managed to penetrate the resistance at a price of 2660. After rising to a price of 2666, not long after the gold movement fell again....