Looking at the four-hour chart for the EUR/USD pair, we can see that the pair has been in a more aggressive decline, forming a well-defined downward price channel. Currently, EUR/USD is trading around 1.0414, which is where Friday's session closed....
Forecast of USDCAD On the lower time frame charts, the price of the USDCAD was running around the moving average lines as it was performing a price correction. On the daily time frame chart, I saw that the price of the USDCAD had fallen overall this...
The US dollar's recent strengthening as a risky asset caused the price of gold to decline below the $2,600 psychological level. However, this week, investors and market participants have turned their attention back to gold, leading to a continuous...
Another sign of the good health of the US economy came in response to firm flash US Manufacturing and Services PMIs, which in turn reinforced further the already strong performance of the US Dollar, relegating EUR/USD to the 1.0400 neighbourhood on...
Risk Management Risk management is a crucial aspect of trading, helping traders protect their capital while maximizing potential gains. Without proper risk management, even the most successful trading strategies can fail due to unexpected market...
