USDCHF Let's discuss the current pricing behaviour of the USD/ CHF currency pair, which is the focus of our analysis. The current market value of the USD/CHF pair is 0.8503. Recently, resistance was encountered at 0.8535. The Envelopes indicator...
Stop loss A stop loss is a predefined order placed with your broker to sell or buy a currency pair when it reaches a certain price. It’s a key tool in managing risk by preventing excessive losses. The idea behind a stop loss is to limit the...
AUD/USD The analysis of the price behavior of the AUD/ USD currency pair is subject to discussion. We have finally entered a new trading week, which is promising as I anticipate closing several trades with a solid profit. Specifically, in the...
An appropriate Stop-Loss in forex trading is essential to manage risk and protect your account from significant losses. It refers to a predetermined price level at which a trader exits a trade to limit potential losses. Choosing the right stop-loss...
What is a Marubozu Candlestick? Derived from the Japanese word ‘Marubozu’, which literally translates to ‘bald’, the Marubozu pattern is formed with a single, candle. According to traders, the perfect Marubozu is a candle that has no shadows –...