Understanding Spread in Forex Trading Forex trading involves buying and selling currencies, but have you ever wondered what the spread is and how it affects your trades? In this article, we'll break down the concept of spread in plain English. What...
Outlook technical analysis: The recent resistance encountered by the CAD/JPY pair underscores the presence of significant selling pressure in the market. This resistance level may represent a key inflection point, where traders reassess their...
#### Current Market Overview The GBP/USD currency pair has recently made a notable move by breaking through a significant resistance level at the 1.29374-1.28900 range. This breakout is a key development in the forex market and suggests potential...
EUR/JPY Analysis 27 July 2024 H4 Hour Analysis The results of observations on the chart indicate that until now the condition of the EURJPY currency pair is still moving upward correction with a range that is still not too wide. This currency pair...
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...