What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
Developing and implementing a Forex system requires many steps, from initial research planning to implementation to ongoing operations. Here’s a comprehensive guide on how to put your forex strategy to work: Step 1efine your goals and risk tolerance...
For oil on the weekly chart, the price was quite confidently pushed to the north, as a result of which a full bullish candle was formed, which was able to easily break through and confidently consolidate above the resistance level, which, according...
AUD/USD daily H1 timeframe chart I need your help me with my bonus $100 I I need your Monday my bonus ok thanks you so much sir Greetings. A strong bearish candle pushed the price downward, closing below the previous day's low range. For next week,...
NZD/USD : Currently, the NZD/USD exchange rate is at 0.6134, reflecting a bearish trend in the market. This downward movement suggests a gradual decline in the value of the New Zealand dollar relative to the US dollar. However, despite the current...