The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...
Hello all traders how are you? Gold prices took a sharp turn on Friday, reversing course and dropping over 1.7%. This decline came after positive US economic data fueled investor expectations for a slower pace of interest rate cuts from the Federal...
EUR/JPY analysis: When EUR/JPY approaches the level of 171.30, it presents an opportunity for traders to assess the potential for further market movements. Specifically, if the pair manages to overcome this level, it may trigger a significant...
GBP/USD H-4 Greetings, forum and trading colleague! We continue to analyze the market situation for the British currency and in this analytical post I would like to look at chart H4. A sell signal previously appeared on it in the form of a breakdown...
Understanding the Nature of Loss in Forex Trading, (1) The Reality of Losses: Forex trading involves significant risks due to the dynamic nature of currency markets. Losses can occur due to incorrect market predictions, poor risk management, or...