To maximize the effectiveness of volume trading, traders often employ advanced techniques to interpret volume data and refine their trading decisions. Here are some key strategies. When prices remain relatively stable while volume increases, it may...
The NZD/USD currency pair is currently trading in a sideways trend with a slight bullish inclination, hovering around the level of 0.56045. Various analysts indicate that the price remains within a narrow range, with nearest support at 0.56003 and...
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. Market prices are rising, which is very helpful in increasing the market price. The market price broke out of this momentum level and then the market price failed to align...
The USD/CHF pair experiences mild selling pressure around the 0.9020 mark in the early European session on Tuesday, as the US Dollar (USD) weakens against the Swiss Franc (CHF). The primary driver of this movement is the overall softness in the...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
