WHAT IS HEDGING IN FOREX ? _Hedging in Forex: A Comprehensive Guide_ *Introduction* Hedging in Forex is a risk management strategy used to mitigate potential losses or lock in profits by opening multiple positions that offset each other. *Types of...
The USD/JPY pair recently broke the key support level at 144.53, indicating the continuation of a downtrend. After this breakout, the pair experienced a 99-point drop, followed by an attempt at correction, where buyers managed to bring the price...
Gold: What the Charts Reveal The present analysis of the Gold price behaviour is subject to discussion. Last week, gold’s movement on the hourly chart was relatively calm. On Friday, the price hovered near the resistance level of 2663.61. Earlier in...
USD/ CAD Price Action Summary Our current focus is evaluating the price action of the USD/ CAD currency pair. The USD/ CAD pair on the H4 chart has already formed a new upward channel. A bearish engulfing pattern emerged on Friday; the last two...
Mastering Fundamental Analysis in Forex: Your Path to Trading Success If you're serious about forex trading, then understanding fundamental analysis is a game-changer. It’s not just about following price charts; it’s about getting a clear view of...