I fully admit that yesterday’s accumulation will result in a sharp northern exit. As I have said many times, I plan to monitor the resistance level at 79.96 or the resistance level at 80.62. Near these resistance levels, two scenarios can unfold....
The AUD/USD exchange rate currently stands at 0.6643, and the market trend is showing a bearish outlook. Despite the gradual decline, there are compelling reasons to anticipate significant movements in the coming days. This projection is based on a...
USDCHF H4 alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the...
EUR/JPY: The EUR/JPY pair remains bullish, with the broader uptrend still intact, underpinned by robust support levels. The support zone positioned around 169.00-170.00 is expected to hold firm against any significant downward pressure, while the...
Must-Have Skills for Forex Traders Hey there! Absolutely, having the right skills is crucial for success in forex trading. Let's dive into the must-have skills for forex traders: 1. **Understanding of Market Fundamentals**: Forex traders need to...