Good morning. Yes, on Friday the sellers actively continued to develop the downward movement, and eventually broke through the level of 1.25, they did not manage to consolidate below it right away, but I think that the sellers will try to do this...
Why Risk Management is Crucial in Forex Trading Risk management is a cornerstone of successful Forex trading. It helps traders protect their capital, minimize losses, and ensure long-term sustainability in a highly volatile market. Without proper...
The USD CAD currency pair on the 4-hour chart has just reached the central level of the Donchian indicator. This suggests that the price is in a consolidation phase after the previous movement. This situation requires extra caution, as the potential...
On Thursday, the EUR/USD pair consolidated below the 323.6% Fibonacci level at 1.0532 and continued to decline. Today, the price reached the 1.0420 level and approached the 423.6% Fibonacci level at 1.0320. In my opinion, the bears have started to...
Gold (XAU/USD) has been displaying a robust uptrend over the past several days, with prices surging from around $2,630 to approximately $2,706 an ounce. This represents a strong rally that has been supported by both technical indicators and...
