ABC PATTERN *The ABC Pattern: A Comprehensive Guide to Trading with Confidence* *Introduction* The ABC pattern is a popular and reliable trading pattern used by technical analysts to identify potential price movements in financial markets. This...
In Friday's trading session, the pair rose by over 1.11%, reaching 0.6720 and finding stability around 0.6725. This notable upward movement is largely attributed to the weakening of the US Dollar following comments from Federal Reserve (Fed) Chair...
TRADING CHART ON NZD USD H4. The New Zealand dollar to US dollar exchange rate (NZD USD) did not show significant progress because the price movement tended to be sideways or range-bound. Last Friday, the US dollar index declined, weakening the...
The pair remained steady near 1.3815 during early US trading on Friday, with traders showing a cautious stance as they awaited key economic reports. The Index continued its slide toward the critical support level of 103.80. As investors awaited the...
A 200 pip target in long-term forex trading refers to a profit target of 200 pips (percentage in pips) over a longer time frame, usually ranging from a few days to weeks or even months, depending on market conditions and trading strategy. You can...