Understanding the Nature of Loss in Forex Trading, (1) The Reality of Losses: Forex trading involves significant risks due to the dynamic nature of currency markets. Losses can occur due to incorrect market predictions, poor risk management, or...
GBP/USD Analysis: Currently, the market shows strong bullish sentiment for the GBP/USD pair. The level of 1.2647 is crucial as it represents the highest point reached in the past year, indicating significant resistance. If we manage to break this...
Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
GBP/USD H4 The GbpUsd market pair which took place last Friday was successfully maintained in the hands of the sellers who were able to enter more than the buyers so that the sellers were able to dominate trading by continuing to suppress bearish...
TRADING UPDATES GBPUSD In last night's trading session, buyers were unsuccessful in bringing the price to move higher so there was momentum that sellers were able to use to push the price down. Based on the results of the chart analysis, the...