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...
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...
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...
The price action for this week's trading commenced with a notable upward gap, a promising indicator for bullish sentiment. However, shortly after, it retraced to close the gap, demonstrating a potential shift in momentum. Despite this initial...
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...