The bias is bearish as long as there is no 4h break and closes above the 1.7480. It seems like currently GBP/CAD could be presenting a selling opportunity, which would be reasonable to use after the weekend to avoid any “price gap” risks. Disclaimer: The analysis presented in this article is for educational purposes […]
Forex Factory is one of the most popular sites for forex traders online today. Its calendar provides great information for all types of traders. Using it will help you to understand the impact of news on the market, which could reflect on increased profit on your account. So, how do you use the Forex Factory […]
The bias is bearish as long as there is no daily close above 1.2020. This is a short term trade setup for the target of 130 pips, which could last approximately 24-48 hours. At the same time, 200 SMA must be watched for the breakout in order to confirm the exit signal. Disclaimer: The […]
The bias is extremely bullish while the price remains above 0.5840 area. Any correctional move down could be considered as a better buying opportunity, rather than a potential trend reversal. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done […]
Reading Forex charts is one of the first steps you need to learn in your trading journey. Fortunately, you are in the right place to understand how a line chart, a bar chart or candlestick chart works. Moreover, mastering Forex charts will allow you to become an efficient and profitable trader. To read a Forex […]
The bias is slowly changing to bullish and the pair feels the urge to fill the price gap. Higher highs and higher lows are being printed, support levels and indicators are being rejected. Al-in-all, AUD/JPY remains in the strong demand zone, and the price could start rising within the next 48 hours. Disclaimer: The […]
The bias has changed from bullish to bearish after the price broke below the 200 EMA. The current upside correction might be very attractive for the long term sellers. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on […]
There are considerable risks involved with trading the market if you are not well-versed in Forex. One of the most substantial risks is the high propensity of Forex trading scams within the Forex marketplace. How do you avoid Forex scams? To avoid Forex scams, practice caution with the following tips: Do your research. Work with a […]
The bias is changing and now pair could start moving lower. Price action says that currently there are more sellers than the buyers. Disclaimer: The analysis presented in this article and video is for educational purposes only and should not be considered as financial advice. This analysis was done using MetaTrader 4. Click below […]
The psychology of Forex trading has a lot to do with how the market moves. The anxiety in trading happens when most people fail or think they will fail at trading. These emotions will lead to a continuous stream of failed trading attempts that will cause a bigger psychological toll on someone’s mental health. What […]
