The NZD/USD 4-hour chart reveals a bullish market structure that began gaining momentum in mid-August after the price found strong support near the 0.59000 level. This upward trajectory has been characterized by a series of higher highs and higher...
Price Action Analysis of the EUR/ USD Currency Pair We can see the EUR/ USD rate in the following chart. The quote continues to trade in a tight range below 1.1100 and remains on track to end the week in negative territory. Earlier in the day, the...
A Forex System Rule: The Trend Is Your Friend, Hello dear Friends I am Alizy Nayab and today my topic is "The Trend Is Your Best Friend in Forex Trading". The systme is fairly straightforword, as it makes use of tow basic technical indicators : EMA...
NZD/USD The New Zealand Dollar tried to continue its growth last trading week but still moved in different directions without much change. The price managed to bounce off the support and rise to the 0.6082 level but then made a sharp turn and fell...
WHAT IS SWING TRADING? Swing Trading: A Comprehensive Guide Swing trading is a popular trading strategy that involves holding positions for a shorter period than investing, but longer than day trading. It's a versatile approach that suits traders...