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:...
In the ongoing trading session, the exchange rate between the US dollar (USD) and the Canadian dollar (CAD) continues to hover within the confines of the range formed during the preceding trading day. Despite its adherence to this established range,...
The USD/JPY exchange rate, currently at 157.45, is experiencing a bearish trend, indicating a gradual decline in the value of the US dollar against the Japanese yen. This trend suggests that traders and investors might be anticipating further...
AUD/ USD Price Summary I will examine the dynamic pricing behavior of the AUD/ USD currency pair in real time. Buyers failed to hold above the 61.8% correction level between the 0.6575 to 0.6703 wave, resulting in a break below it, suggesting...
USD/ CHF Price Trends I am studying the ongoing USD/ CHF currency pair price action. The daily chart of the USD/CHF currency pair indicates a downward trend. Last week's price movement confirmed resistance at the 0.8982 level, resulting in a pin bar...