Initially, the U.S. dollar weakened against the Japanese yen during the trading week, before recovering sharply to a crucial level of 155 yen so affected the change mainly. Consequently, market participants can see the situation through the interest...
Analyzing EUR/USD from the Daily Timeframe: When analyzing the EUR/USD pair on the daily (D1) timeframe, it is evident that the current candlestick is struggling to break through the demand zone at the price range of 1.0810-1.0820. This area is...
GBPUSD If the market closes above the 1.7400 level, it would be a significant indicator that prices are likely to continue their upward trajectory, moving towards the 1.2800 mark. The 1.2800 level is identified as the third level of resistance, and...
* EURUSD: Bearish below the level of 1.0850, targeting the levels of 1.0770, 1.0710 and 1.0670 * Bullish prospects above the level of 1.0850 with potential targets at 1.0900, 1.0960 and 1.1000 ....
ALWAYS USE A STOP LOSS Always Using a Stop Loss: A Crucial Risk Management Strategy in Trading In the world of trading, managing risk is essential to survive and thrive. One of the most effective ways to limit potential losses is by using a stop...