•••USD/JPY: A Narrow Range Amid Macroeconomic Forces November 21,2024••• The USD/JPY currency pair is trading within a narrow range today, with buy orders at 154.97 and sell orders at 154.95. This small fluctuation reflects ongoing market...
Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
Trading strategy with stop loss. What Is a Stop-Loss Order? When the desired price is reached, a stop loss order automatically buys or sells assets, so you don't pay above or sell below market price. Also called a stop order, investors use an...
USD/JPY Price Movement Update The USDJPY currency pair with an H1 time frame already has a good signal, it's time to do an analysis. The price of USDJPY has fallen lower than the support, indicating that sellers have dominated the market. The...
General Points of GBPUSD: Currently, the GBPUSD market is trading at the 1.2655 level, showing some consolidation at this price point. The UK CPI (Consumer Price Index) and Monetary Policy Report, which were closely monitored, have not provided any...