What is Market Depth Profile? Detailed Components of Market Depth Order Book Structure: Top of the Book: This shows the best bid and ask prices (highest bid and lowest ask) along with the quantities available at those prices. Depth of the Book:...
Analyzing the live dynamics of the EUR/USD currency pair reveals a fascinating bullish trend. The pair is currently trading above the Ichimoku cloud, which serves as a significant indicator of upward momentum. This positioning suggests a potential...
USD/JPY To better understand USDJPY, we first determine the main trading range, which for the last month has been 157.59-154.58, and this is exactly between the start level of the Bank of Japan’s last intervention and the closing level of this...
EUR/ USD Price Movements The price action analysis of the EUR/ USD Currency pair is what we will be discussing today. A breakout above the 1.0744 level on Monday will signal a buying opportunity. Consolidation above this mark will confirm further...
Gold: The Art of Price Action Analysis The Gold price behavior analysis is up for discussion at the moment. When analyzing the daily chart, we see a clear upward trend. However, we are still trading within a specific range, with support and...