Stop Loss A Stop Loss is a risk management tool used in forex trading to limit potential losses. It is a preset price level at which a trader's position is automatically closed if the market moves against them. How Does a Stop Loss Work? When a...
The Awesome Oscillator (AO) indicator which currently shows an uptrend momentum clearly supports the rally in the USDJPY pair price increase. However, when the histogram volume is above level 0 or the positive area is not balanced with the rising...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price continues to rise, just rose from the trend line, and now this market has broken the trend line. The market price has broken the trendline and formed...
USDJPY Technical Analysis USDJPY is currently trading at 150.120 on the hourly timeframe and remains below the 150-period moving average (MA), suggesting a bearish bias. The price has shown a strong rejection from higher levels, indicating...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. Market prices are rising but are trying to change their structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...