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In Forex trading, it’s crucial to distinguish between a professional approach and a gambling mindset. Often, new traders unintentionally approach the market like gamblers, driven by emotion or the desire for fast profits. However, success in Forex is about being methodical and disciplined, rather than relying on chance. Let’s explore the key differences between a...

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Gold Technical Analysis Daily resistance 2700, support below 2622 Four-hour resistance at 2685, support below 2634-2622 Gold operation suggestion: yesterday, gold rose sharply and fell back. Prices formed a support rally after falling to the lowest 10-day moving average and finally closed at 2634.5. From the current market point of view, the monthly line rose...

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Bank of America changed its ECB forecast on Monday and now expects the next rate cut to come in October rather than December. The revision followed remarks by ECB President Christine Lagarde, who said policy makers were more confident inflation was under control and would consider it at their October meeting. Bank of America said the October cut would be followed...

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Bitcoin has been trading in a very tight range for the past week, showing little volatility and movement. This period of consolidation typically suggests that the market is indecisive, with neither bulls nor bears managing to take control. However, today there seems to be a bit more momentum, and it looks like Bitcoin might be preparing to break out of this range,...

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Gold 4 hours yesterday closed long upper shadow, and then gold did not recover the high point again, gold 4 hours began to close long upper shadow for many times, gold began stagflation, gold bears will begin to force at any time, gold is no longer long unilateral strength. Gold continues to empty around 2670. Today Friday, cautious trading, to prevent the risk of...

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GBPUSD INSIDE BAR BREAKTHROUGH DOWNWARD The inside bar breakthrough downward at 4H chart, and formed a double-top at 1H chart. Therefore, sell GBPUSD when the price pull back around 1.34 SL: Above 1.3435 TP1: 1.3348 TP2: 1.3265

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GBPJPY price is near the resistance zone 193.23-193.48. If the price cannot break through the 193.48 level, it is expected that the price will have a chance to go down. Consider selling the red zone.

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Bitcoin (BTC) traded above $63,000 for the first half of the Asian trading hours on Thursday, down 1.4%, but up 2% on-week as inflows into BTC exchange-traded funds (ETFs) remain positive.

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Let's first take a look at the daily line, the daily line recorded a small negative cross yesterday, the end of the previous four consecutive positive alignment, but the price continues to remain above the upper Bryn track, short-term and other cyclical averages are upward alignment, Bryn as a whole to maintain an open shape, MACD double gold cross up, red...