The pair experienced a notable decline on Friday, retreating to the 157.10 level as the DXY weakened against all major currencies. This depreciation of the USD provided the Japanese Yen (JPY) some respite from widespread market pressure, allowing it...
Bitcoin's Small Drop Causes Big Impact on Altcoin Market: On Friday, Bitcoin's price fell by 2.05%. Although this seems like a minor change in the volatile world of cryptocurrencies, it had a significant impact on the broader market, especially on...
Market Overviews: The condition of the GBPUSD market is similar to that of the EURUSD market. Buyers have incurred significant losses here as well. The United States Dollar has increased to 70 pips, not only because the Average Hourly Earning Rate...
Risk trading with an expert advisor (EA) depends on various factors, including the strategy programmed into the EA, market conditions, and proper risk management. While EAs can automate trading and execute trades according to predefined rules, they...
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...