Abstract:Japanese Candlesticks are a technical analysis tool that traders use to chart and analyze the price movement of securities. Below are the recent analysis for some pairs:
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, after forming a Doji reversal pattern close to the support level, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be the resistance area at 1.2940. Later, the market may break this level and continue to grow. However, an alternative scenario implies that the asset may correct to reach 1.2805 and continue the uptrend only after the pullback.

AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD has formed a Hanging Man reversal pattern near the resistance area. At the moment, the asset is reversing in the form of a new descending impulse. In this case, the downside target may be the support level at 0.6855. After testing the level, the price may break it and continue the descending tendency. At the same time, the opposite scenario implies that the price may correct to reach 0.6960 and continue the downtrend only after the pullback.

USDCHF, “US Dollar vs Swiss Franc”
As we can see in the H4 chart, after testing the support area, the pair has formed several reversal patterns; for example, Hammer. At the moment, USDCHF may reverse in the form of a new rising impulse. In this case, the upside target may be at 0.9755. After testing the resistance level, the price may break it and continue trading upwards. Still, there might be an alternative scenario, according to which the asset may correct to reach 0.9635 and continue the ascending tendency only after correcting down to the support area.


Switched from one trading strategy to another but could not avert heavy losses? Wondering what went wrong despite your market analysis being spot on? It may not be a strategic issue then. It may just be that you chose the wrong lot size. Yes, a single oversized position can get your account exposed to far greater risks than you may imagine. You may be moved by the impressive profits with increasing lot sizes. But by doing so, you also invite a proportionate rise in losses. This is where you need to apply the essential 1% risk management principle. This rule helps you assess how much you can afford to lose if a trade does not go as planned.

This allegation representing fund loss worth $40,000 came from a verified Indian user on a trusted platform such as WikiFX. However, this is not the only allegation from users across India and other regions. Many verified users have complained about the loss of access to withdraw profits from the TRANS X MARKETS platform. At the same time, we came across complaints about the withdrawal issue from the free software provided by the brokerage firm. In this TRANS X MARKETS review, we have examined these allegations while also giving you the company’s regulatory background.

New to forex trading? Surprised by the margin call from your forex broker? In one moment, you seem to have manageable trades. The next moment, you receive a warning from your broker about inadequate equity to support your open positions. So, if the market movement continues to be on the opposite side of your positions, some or all of your trades may see an unfortunate automatic closure through a stop-out process. However, margin calls do not usually happen without warning. Recognizing the early signs can help traders take corrective measures and avoid a potentially significant loss in their trading accounts. But what are those signs that indicate that a margin call is all but near? Let’s discuss the same here.

User complaints regarding profit withdrawals have become an increasingly discussed issue among some Exfor traders, including those in South Asia. Trading profits never come easy; they come by spending hours understanding the fundamental and technical factors and their impact on different markets such as forex. However, what matters is whether you are able to receive them. For exfor clients, according to their complaints, this problem is worse! While they claim profits on the dashboard, the same do not reach their trading accounts, resulting in many negative exfor reviews. In this article, we have examined user allegations concerning several issues, including this common profit withdrawal problem.