What is Intraday Trading in Forex? Intraday trading in Forex, also known as day trading, refers to the buying and selling of currency pairs within the same trading day. Traders aim to capitalize on short-term price movements by executing multiple...
The current situation for the GBPUSD currency pair appears to be relatively calm, especially when compared to the EURUSD pair. I observe that the GBPUSD is still attempting to maintain its northern trend following a minor southern correction. I...
EUR/USD Technical Analysis and Forecast The EUR/USD market trades at 1.09224 and shows an upward trend towards the key resistance level at 1.09500. The daily chart shows the EUR/USD market forming support at 1.07500 and resistance at 1.09500. With...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it is only...
In the H4 timeframe, the market for GBP/JPY has shown a failure to embark on a bullish trend, stopping short at the upper band of the Bollinger Bands and subsequently experiencing a downward bounce. This has contributed to an extended period of...
