EUR/JPY Technical Analysis: Market Movements and Signals Throughout the past week, the EUR/JPY currency pair experienced significant price movements characterized by a series of breakout levels and trading signals. The analysis begins with the...
Analysis of NZD/USD Price Movements Over the Week Throughout the current trading week, the NZD/USD currency pair has exhibited notable price movements characterized by a bullish trend early in the week, followed by a series of significant resistance...
Greetings! When analyzing the EUR/USD currency pair on a monthly timeframe, it indeed appears to be in a consolidation phase. However, I tend to focus more on the weekly analysis. Recently, EUR/USD bounced back from the support level at 1.0200 and...
The pair has been exhibiting strong upward momentum throughout this week, breaking through key resistance levels and consolidating above them. I observed that the resistance at 1.26595 was breached, and the price stabilized above this level,...
What is Stop Out Level in Forex? In forex trading, risk management is crucial to ensure that traders avoid significant losses that can potentially wipe out their trading accounts. One key aspect of risk management that every trader must understand...
