Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...
The interim rising support on daily chart has held up since Thursday last week and while above this trend line the outlook remains bullish, coming in at 1.5744 today. Then key support is 1.5500 and a ...
Taking a look at where we stand in the current range in USDJPY - the pair has been rising strongly in the past two weeks. A lack of bullish catalysts for the yen has created a massive outflow in the ...
Buy the AUD/USD pair and set a take-profit at 0.6765. Add a stop-loss at 0.6600. Timeline: 1-2 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6665. The ...
I wrote on the 7 th December that the best trades for the week would be: Long of the S&P 500 Index following a daily close above 6,920. This did not set up. Long of Silver with half the normal ...
Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...
As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...
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