Despite the breakout being the most dangerous market condition, traders continue to flock towards these environments.
Pivot points are useful tools in a variety of market conditions. Learn to apply them into an active trading strategy today!
Despite an overnight rally, the NZDJPY has not broken out above resistance. As price moves back into the range, traders will look for a return to
The EURCAD has remained range bound despite a boost from Euro CPI figures. Traders will look for a potential reversal near resistance at 1.4551.
The EURCAD starts Monday trading near a key line of resistance. A reversal would suggest prices challenging support near 1.4485.
When a pair is moving sideways, support and resistance levels can create advantageous trading opportunities.
This series show you how to benefit from knowledge of common patterns that specifically develop before trend resumption so you can limit your risk.
The FX Market is composed of pairs, meaning that an aggressive move in one direction is often retraced, hereās how you can spot such entries.
The EURUSD has moved through key lines of daily support. With price below 1.3502 traders will continue to look for the creation of lower lows.
The EURAUD has moved through support, on Aussie CPI data. With price below 1.4257 traders will continue to look for the creation of lower lows.