Effective use of trailing stops requires consideration of current market conditions. In volatile markets, traders might opt for a wider trailing distance to avoid being stopped out by normal price fluctuations. Conversely, in more stable markets, a...
I believe the EUR/USD pair is currently balancing between conflicting technical signals and macroeconomic anticipation, which makes the near-term direction highly contingent on today’s U.S. inflation report. My primary focus remains on the ascending...
Hello, my reader! Now we will have a short review of the EURUSD pair on the M5 timeframe. In my trading I use the theory of overbought and oversold market, once a very well-known topic. The RSI indicator with a period of fourteen helps me with this....
USDJPY Daily Forecast The USD/JPY pair started the trading session on a strong note on Wednesday, rising from a five-month low of 146.52 to a weekly high of 148.59. The move comes ahead of the release of US consumer price inflation data, which is...
XAGUSD (Silver) Technical Trading Analysis Silver (XAGUSD) is trading at 32.985, just at the 32.98 resistance level. The Moving Average (MA) indicator, a key tool for trend identification, shows that silver has been maintaining an upward...
