When it comes to trading options, there are two main strategies that traders can use: single-leg and multi-leg. Both strategies have their pros and cons, so it's important to understand the differences between them in order to determine which one is right for you.
Single-Leg Options
A single-leg option is simply buying or selling one option contract at a time. This strategy is relatively simple and straightforward, making it a good option for beginners ...
Single-Leg Options
A single-leg option is simply buying or selling one option contract at a time. This strategy is relatively simple and straightforward, making it a good option for beginners ...

5
$EUR/USD (EURUSD.FX)$
The dollar is strengthening and thus the $EUR/USD (EURUSD.FX)$ is trying to break through support. It is possible to trade either a breakout or a false-break, but it is necessary to wait for a signal.If the price consolidates under 1.06900 (Consolidation), then it might fall to 1.0600.If the price makes a false breakdown and is able to form a consolidation above the level of 1.07000, then we will have a bullish potential.
The strong fall from 1.07500 can be stopped at 1.0690...
The dollar is strengthening and thus the $EUR/USD (EURUSD.FX)$ is trying to break through support. It is possible to trade either a breakout or a false-break, but it is necessary to wait for a signal.If the price consolidates under 1.06900 (Consolidation), then it might fall to 1.0600.If the price makes a false breakdown and is able to form a consolidation above the level of 1.07000, then we will have a bullish potential.
The strong fall from 1.07500 can be stopped at 1.0690...
2
2
$GBP/USD (GBPUSD.FX)$
Looking at the H4 chart, Price has bounced off from our buy entry at 1.21367 which is overlap support. A reversal from here we could see the price push up to the next swing high at 1.2267. Stop loss will be at 1.2045
Looking at the H4 chart, Price has bounced off from our buy entry at 1.21367 which is overlap support. A reversal from here we could see the price push up to the next swing high at 1.2267. Stop loss will be at 1.2045

$EUR/USD (EURUSD.FX)$
I will patiently wait for the market price to reach my target (1.066-1.065), once that happens i will be interested in taking long position orders.
I will patiently wait for the market price to reach my target (1.066-1.065), once that happens i will be interested in taking long position orders.
$GBP/USD (GBPUSD.FX)$
GBPUSD is breaking falling Wedge Pattern. And this wedge indicates that we will get a Bullish wave after this.
Here it has maximum Chances we can see a good Bullish wave.
We can see price around 1.27 soon. As this is daily chart so we can see small Retesting but overall we will see a good Bullish wave.
GBPUSD is breaking falling Wedge Pattern. And this wedge indicates that we will get a Bullish wave after this.
Here it has maximum Chances we can see a good Bullish wave.
We can see price around 1.27 soon. As this is daily chart so we can see small Retesting but overall we will see a good Bullish wave.
1. UK economic data releases
As the GBP is the base currency in this currency pair, any UK economic data releases, such as GDP, inflation, and employment figures, can significantly impact the pair's value. For example, if UK economic data is stronger than expected, the GBP/USD pair could rise in value, while weaker-than-expected data could cause the pair to fall.
US economic data releases: Economic data releases from the US, such as non-farm payr...
As the GBP is the base currency in this currency pair, any UK economic data releases, such as GDP, inflation, and employment figures, can significantly impact the pair's value. For example, if UK economic data is stronger than expected, the GBP/USD pair could rise in value, while weaker-than-expected data could cause the pair to fall.
US economic data releases: Economic data releases from the US, such as non-farm payr...
1
Back in 2019, the Australian dollar (AUD) was under pressure due to concerns about the health of the global economy and the ongoing US-China trade war. At the same time, the US dollar (USD) was strengthening as investors sought the safety of the greenback.
As a forex trader, I was keeping a close eye on the AUD/USD currency pair and noticed that the pair had been trending downwards for several weeks. However, based on my analysis of the market news and technical indicator...
As a forex trader, I was keeping a close eye on the AUD/USD currency pair and noticed that the pair had been trending downwards for several weeks. However, based on my analysis of the market news and technical indicator...
2