The Benefits of a Real Trading Account Using Your Own Money Introduction Forex trading, an engaging and potentially lucrative endeavor, allows individuals to participate in the global financial markets by buying and selling currencies. While many...
In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market across different time frames. The pivot point itself is the average of the high, low, and closing prices from the previous trading...
USD/JPY Technical Analysis: Bullish Momentum Points to Further Gains The USD/JPY currency pair is currently trading around the 157.98 level, displaying robust bullish momentum on the daily (D1) chart. This upward trend has been consistent since the...
Fundamental Analysis Friday's North American session saw a sharp gain in the price of gold as US inflation statistics raised market expectations that the Federal Reserve (Fed) will lower interest rates later this year. The political unpredictability...
USD/CHF CURRENCY PAIR ANALYSIS: In the past two weeks, we have observed that the USD/CHF currency pair has been moving in a bearish trend. Starting from the market opening on Monday, there was an attempt by buyers to push the price upward, reaching...