EUR/USD Price Activity Today, we will explore the price action of the EUR/USD currency pair. Activity was bound to intensify eventually, and identifying its direction was crucial. My recent focus has been on the H1 resistance at 1.0914, which needed...
GBPUSD The market closing above 1.7500 indicates that prices will continue to rise towards 1.2600. The third resistance level is 1.2700, reaching this level indicates a strong uptrend. This move not only shows strong sentiment, but also shows that...
EUR/JPY/M15 Greetings. Friday market dynamics, particularly in relation to the dollar, were evident as this currency pair continued its trend within the established range. However, a notable decline occurred on Tuesday, leading to a EUR/JPY daily...
Currency Pair Behavior: USD/ JPY We are delving into the current analysis of the USD/ JPY currency pair's pricing movements. A false breakout at 157.71 might trigger a continued decline. If the price drops from the 157.71 range, the focus shifts to...
Margin and leverage are key concepts in forex trading that allow traders to manage large positions with small amounts of capital. Understanding how these concepts work is essential to effectively managing risk and maximizing returns. tip Margin is...