NZD/USD ANALYSIS: Next week, the outlook for NZD/USD suggests a further decline towards the range of 0.5850-0.5825 in futures prices. This drop is anticipated as the pair seeks to test the accumulation of volumes in this area. The accumulation of...
What is margin? Margin is how much money you need to have in your account to open a trade. How to Calculate Margin Calculating margin requirements is crucial for . To do this, use the following formula: Margin = (Lot Size * Contract Size) /...
Matching high candlestick pattern analysis. Matching high is a bearish two candle reversal pattern that forms in an uptrend, and signals that the current uptrend may have come to an end. As to its appearance, a matching high consists of two...
USD/JPY On the hourly chart of the dollar yen, the past week on Monday began with a decline to the support of 156.095. On Tuesday, the price already broke through this support, there was a sell signal to the support of 154.765. On Wednesday, this...
Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...