AUDNZD Reaches Daily Range Support at 1.2700
The AUDNZD is currently stalling at daily support near 1.2700. A turn in price could indicate the creation of a 400 pip trading range!
The AUDNZD is currently stalling at daily support near 1.2700. A turn in price could indicate the creation of a 400 pip trading range!
Many currency pairs such as the EURAUD consolidate prior to major news releases. Traders can prepare for the event by setting OCO entry orders waiting for a breakout.
Many currency pairs such as the EURAUD consolidate prior to major news releases. Traders can prepare for the event by setting OCO entry orders waiting for a breakout.
Prior to this weeks news, the EURUSD has been moving against its 15 month downtrend. Can CPI data cause price to break resistance at the 200 day MVA?
Prior to this weeks news, the EURUSD has been moving against its 15 month downtrend. Can CPI data cause price to break resistance at the 200 day MVA?
Several currency pairs are showing exhaustion in their gains against the US Dollar. The clues from 4 markets indicate a Dollar reversal is nearby.
Several currency pairs are showing exhaustion in their gains against the US Dollar. The clues from 4 markets indicate a Dollar reversal is nearby.
RSI can be used for more than just overbought and oversold levels. Learn how to spot reversals in the Forex market using RSI divergence.
RSI can be used for more than just overbought and oversold levels. Learn how to spot reversals in the Forex market using RSI divergence.
Believe it or not, I have traders tell me they don’t use stops because that insures a loss if their trade moves to that level. While that can happen when a stop is triggered, would you rather have a margin call?