**Technical Analysis of EUR/JPY on D1 Chart** Greetings, Sergey! The EUR/JPY currency pair is currently in a neutral position, exhibiting characteristics reminiscent of nested dolls, with patterns visible across various scales. This analysis aims to...
The recent performance of the Pound Sterling against the US Dollar highlights several key dynamics. Despite the US Dollar Index (DXY) dropping below 104.80 and the GBP/USD pair rising to 1.3040, the resilience of the Pound stands out. This is...
Understanding Leverage and Margin in Forex Trading Forex trading offers a unique opportunity to amplify gains through leverage, but it also comes with a risk of significant losses. To navigate this complex landscape, it's essential to grasp the...
AUD/ USD Price Recap We're intently analysing the current appraisal of the AUD/ USD currency pair's pricing behaviour in our discussion. Today, the movement ended with a small correction. It's good that the decline stopped because it was kind of...
**GBP/USD Price Movement: An Analysis** The GBP/USD currency pair is currently exhibiting a flat movement within the range of 1.2900–1.2940. This range-bound trading suggests a period of consolidation, with neither buyers nor sellers having the...