Forex options are an increasingly popular tool among traders looking to diversify their strategies and manage risk in the foreign exchange market. While trading forex in the spot market is common, understanding forex options opens up new possibilities for traders, particularly beginners. This article will walk you through the basics of forex options and outline […]
The post Understanding Forex Options: Strategies for Beginners appeared first on Action Forex.
Daily Pivots: (S1) 0.9347; (P) 0.9358; (R1) 0.9372; More…. EUR/CHF’s break of 0.9331 support suggests that triangle consolidation pattern from 0.9209 has completed. Intraday bias is now on the downside. Break of 0.9305 will target Read more…
Daily Pivots: (S1) 162.81; (P) 163.40; (R1) 164.52; More…. EUR/JPY’s fall from 166.67 resumed after brief consolidations, and intraday bias is back on the downside. As noted before, corrective rebound from 154.40 could have completed Read more…
Daily Pivots: (S1) 194.93; (P) 195.54; (R1) 196.71; More… GBP/JPY’s fall from 199.79 resumed after brief consolidations and intraday bias is back on the downside. As noted before, corrective rise from 180.00 could have completed Read more…