USD/JPY Technical Analysis The USD/JPY currency pair currently trades at 147.041, between key support levels at 146.42, 144.33, and 140.65 and resistance levels at 151.99, 154.87, and 158.90. The pair has shown strong bullish momentum, with buyers...
Analyzing Support and Resistance for the USD/CAD Pair (March 10, 2025) In the realm of forex trading, the USD/CAD currency pair currently exhibits intriguing price dynamics worth analyzing. Based on various technical references, this pair is broadly...
Today, we discussed a trading idea regarding the XAUUSD (GOLD) currency pair, and I expressed my view that there is still potential for the asset to decline further. I was looking for a reversal to occur from a liquid area of imbalance at 2910.89....
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...
Impact of Spreads in Day Trading What is a Spread in Trading? In financial markets, the spread is the difference between the bid price (the highest price a buyer is willing to pay) and the ask price (the lowest price a seller is willing to accept)....
