The chart provided is an Elliott Wave Forecast for the EUR/NZD currency pair on a 240-minute (4-hour) timeframe. The chart illustrates a bullish sequence based on Elliott Wave theory, indicating potential future price movements. Here is a detailed...
High leverage in forex trading can increase potential gains and potential losses. While this allows traders to manage larger positions with smaller amounts of capital, it increases exposure to risk and market volatility Here is a rundown of the...
Research and up-to-date trading recommendations for trading the US Dollar/Franc currency pair. 4 hour time frame. We will examine the feasibility and profitability of today's trading on an instrument from the point of view of the relevance of the...
The AUD/USD currency pair on the M30 timeframe chart presents an intriguing picture with several conflicting signals, making it a challenging market to decipher. Currently, the moving average is positioned at approximately 0.6618. This level acts...
The EUR/USD currency pair exhibited considerable volatility last week, marking a period of significant fluctuations in its exchange rate. On Friday, the pair reached a notable six-week low, dipping to 1.0680. This marked a significant downturn from...