The USD/JPY pair recently broke the key support level at 144.53, indicating the continuation of a downtrend. After this breakout, the pair experienced a 99-point drop, followed by an attempt at correction, where buyers managed to bring the price...
What You Need to Know About Triangle Patterns in Trading If you’re diving into technical analysis, you’ve probably come across something called the triangle pattern. It’s one of those handy tools traders use to predict future price movements, and...
The EUR/USD currency pair is showing promising signs of a bullish continuation, especially as it approaches the critical support level at 1.1125. This level is important because if the price can break and sustain above it, it signals a strong...
The Australian dollar fell during the week, likely influenced by the rate cut by the Reserve Bank of New Zealand, which also pushed the New Zealand dollar lower. As the Australian and New Zealand currencies tend to move in tandem, it is worth...
Mastering Fundamental Analysis in Forex: Your Path to Trading Success If you're serious about forex trading, then understanding fundamental analysis is a game-changer. It’s not just about following price charts; it’s about getting a clear view of...