AUD-USD PAIR FORECAST The upward movement of the AUDUSD pair on Monday - Tuesday seems to have failed to continue testing resistance (R1) 0.6697. Even though the price managed to pass the EMA 50 and pivot point (PP) 0.6645, the upward rally stopped...
Analysis of the Uploaded Chart Chart Description: The uploaded chart appears to depict a long-term trend analysis of a currency pair, likely showing a descending triangle pattern, which is typically a bearish continuation pattern. Key observations...
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...
EUR/USD: Current Situation The EUR/USD pair is presently in a slow uptrend. However, last Friday, just before the market closed, the H4 chart indicated the beginning of bearish pressure. The price closed at the 1.0801 level. Looking ahead to next...
Margin vs Leverage Are you looking to enter the world of forex? Everyone is enthusiastic about forex these days, but many people are losing a lot of money because of the high leverage. For all newcomers, forex leverage and margin might be puzzling,...