Most traders fail. It’s a harsh reality, but the numbers don’t lie. Whether you’re trading stocks, forex, commodities, or any other market, roughly 80% of participants lose money. The keys of successful trading separate the winners from the losers, and they have nothing to do with luck. After studying thousands of traders across different markets, […]
The Euro (EUR/USD) eased by 0.3% on Monday, trimming part of Friday’s rally. Analysts at Scotiabank, including Shaun Osborne and Eric Theoret, say the currency remains supported by strong fundamentals, even as short-term resistance slows momentum. Yield Spreads Back the Euro Scotiabank notes that widening yield spreads continue to provide a firm base for the […]
NAS100 Analysis – August 24 NAS100 sustains its bullish drive amid key technical confluences. The index is currently maintaining a bullish stance, supported by the 9-day SMA at approximately $23,590, which is acting as dynamic support. Momentum indicators, particularly the Stochastic Oscillator, reflect a rebound from near oversold territory, suggesting renewed buying pressure after the […]
EUR/JPY Significant Levels Resistance Levels: 172.00, 174.00, and 176.00Support Levels: 164.00, 162.00, and 160.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair has been trading sideways since breaching above 173.00 as it risks falling . The currency pair has been repelled as it reaches the 173.90 level. The bearish momentum has broken the 21-day SMA […]
Market Analysis – August 22 USOil is setting up for a bullish recovery above key supports. The daily chart indicates momentum leaning toward a bullish rebound, supported by technical indicators. The 9-day Simple Moving Average at $63.10 has turned into dynamic support, with price holding above it after the recent bounce. The Stochastic Oscillator is […]
Market Analysis – August 21 Gold (XAUUSD) outlook signals a weakening structure and bearish continuation bias. Gold has been under pressure as recent daily sessions reflect a gradual loss of momentum, aligning with the downward tilt of the Stochastic Oscillator and a flattening 9-day moving average. Price action has struggled to hold strength above $3,350, […]
The currency pair anticipates a reversal soon.The bulls may become crucial in the market. EURAUD Weekly Price Analysis – August 24 The EURAUD market is poised to complete the dip-low movement and is on the verge of entering a correction phase. If the bulls increase their buying activity and all support levels remain unchanged, the […]
This week’s foreign exchange market exhibits a divergence in institutional order flow, with bearish sentiment dominating AUDNZD and NZDCHF, while bullish momentum is evident in AUDCAD, EURGBP, and EURNZD. The price action and technical indicators, analyzed through an ICT (Inner Circle Trader) lens, reveal key insights into market structure and potential liquidity hunts. AUDNZD Major […]
Defining the Characteristics of a Wash Trade Wash trades represent a serious market violation. Specifically, a wash trade is a fictitious transaction. It creates the illusion of genuine market activity. However, it lacks any intent to establish a real market position. Consequently, these trades avoid authentic market risk and price competition. Furthermore, initiating or executing […]
