The NZD/USD pair experienced a continued decline this week, extending its corrective move from the 0.6375-0.6380 area, levels last seen in July 2023. The downward trajectory pushed spot prices below 0.6200, a one-and-a-half-week low during the Asian...
Swing trading is a popular strategy in Forex trading that lies between day trading and long-term investing. It involves holding positions for several days to weeks, capitalizing on short-to-medium-term price movements in the market. Swing traders...
EUR/USD Price Movement Analysis Good morning, everyone. Today, I would like to analyze the price movement of the EUR/USD currency pair. In recent days, the price has experienced a significant downward trend. The question arises: is the EUR/USD pair...
NZD/USD TECHNICAL ANALYSIS: On the NZD/USD H1 time frame. The recent price movements have been quite telling, and we're seeing the market react to critical resistance levels. Most notably, the NZD/USD pair experienced a slight decline after failing...
Long-term trading, also known as position trading, is a strategy in financial markets where traders hold positions for an extended period—ranging from weeks to years. Unlike day traders or swing traders who capitalize on short-term price movements,...