The AUD/USD pair on the M15 timeframe shows a relatively tight trading range between 0.6503 and 0.6506, indicating a period of consolidation. The closing price at 0.6506 suggests slight bullish momentum, supported by the RSI(14) reading of 68.26,...
Gold on the 30-minute chart has recently shown a strong bullish continuation pattern after bouncing from a key support zone. The market recovered from the 3343 pivot level and has now moved higher with strong bullish candles, breaking through minor...
Looking at EURAUD on the 4H chart, price has once again reacted from the same support zone around 1.75280–1.74900, which I’ve already marked and circled multiple times. This area has been tested several times in the past, and each time price...
EUR/USD couples remain limited within a narrow trading band between 1.0850 and 1.0885, reflecting the mood of the neutral market. Dealers are now in a retention pattern as they digest a mixture of global macroeconomic indicators and reassess the...
Overtrading, often a result of impulsive behavior and lack of discipline, is a common pitfall for traders driven by the urge to make quick profits. To control overtrading, it is crucial to start with a well-defined trading plan. This plan should...