CAD/JPY,H1 The CAD/JPY currency pair is currently trading at 110.256, reflecting a situation that has caught the attention of many market participants. Presently, the market sentiment surrounding this pair is predominantly bearish. This bearish...
USD/JPY H-1 TIME FRAME CHART. As of now, on the H1 chart, the currency pair USDJPY remains steady at 153.745. An indicator on this platform, dubbed Instaforex, reveals that buyers hold a slight advantage of about 53.23%. Meanwhile, the indicator...
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...
### GBP/USD Trading Strategy on H1 Timeframe For traders analyzing the GBP/USD currency pair, the H1 (1-hour) timeframe reveals promising opportunities for short positions, provided several key technical conditions are met. To optimize your trading...
The Pound Sterling has recently shown impressive resilience against the US Dollar, despite the latter's weakened stance. The US Dollar Index (DXY) dipped below 104.80, contributing to the GBP/USD pair climbing to 1.3040, marking a 0.41% increase....