GBP/USD Market Analysis: A Bullish Outlook The British Pound has shown significant strength against the US Dollar (USD) in the past sessions, as highlighted in the hourly candlestick chart. The pair has closed at 1.30887, registering an increase of...
USD/JPY Technical Analysis: Short-Term Downtrend with Bearish Signals The USD/JPY pair has exhibited a downward trend, as depicted in the 4-hour chart. Currently trading at 143.472, the pair shows a decline of 0.67% in value, reflecting bearish...
Stop Loss A Stop Loss is a risk management tool used by forex traders to limit potential losses on a trade. It is an order placed with a broker to automatically close a trade when the market moves against your position by a certain amount. Why Use...
The USD/CHF pair remains under heavy bearish pressure, falling to its lowest level since September 2011 near the 0.8150 mark. This continued weakness follows Thursday’s steep 4% decline, driven by escalating trade tensions and broad-based US Dollar...
Mass Index The Mass Index is a technical indicator developed by Donald Dorsey. It is primarily used to identify potential trend reversals by analyzing price range expansion, rather than direction. While it doesn't indicate the direction of the...