Forex Market Analysis

This week’s forex market forecast, I will refer to the scenarios that may occur during the week. The first pair is on radar is AUDUSD. Recently, price moved up and formed a double top at level around 0.7940. If the price goes down to between 0.7845 and 0.7826, I will look for a buying opportunity. I will … Read more 21 – 25 August Forex Market Forecast

I want to talk about open position management and how to manage open positions this week. We found a trading opportunity and executed a trade. Should we just leave the take profit and stop levels as they are or should we adjust them according to price action? I will try to explain how I have … Read more Forex Open Position Management

At the beginning of the week, we set 0.7960 zone as where we will look for a buying opportunity on AUDUSD currency pair. With the opening of the markets on July 31st, the price declined in these region early on, but since I was not at front of the chart, I did not have a … Read more Forex Trade of The Week

At the beginning of each week, I share the market analysis of the next week’s forex market. This week we will examine the possible scenarios and look closely to our currency pair watchlist: First of all, we have a lot of possible different scenarios this week on AUDUSD, where we had a few trading opportunities … Read more Forex Market Analysis