USD/ JPY: The Role of Price Action Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. On the hourly chart, the price remains within the ascending channel. Yesterday, the pair climbed to the upper limit...
The pair has been trading positively for the fourth consecutive day, reaching near 156.70 on Friday during the early Asian session. This rise is largely driven by speculation that the Federal Reserve (Fed) may maintain higher interest rates for an...
The USD/CAD currency pair is currently navigating a complex trading environment with key resistance and support levels influencing its movement. As of now, the price is oscillating around a significant resistance level at 1.3400, which has proven to...
MARGIN VS LEVERAGE Margin vs Leverage: Understanding the Difference in Forex Trading In Forex trading, margin and leverage are two essential concepts that are often confused with each other. While they are related, they serve different purposes and...
GBP/ USD Price Interpretation The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. The GBP/USD pair is currently trading in negative territory below 1.2759. The US dollar is outperforming its...