The EUR/JPY exchange rate has been on an upward trajectory, with a strong bullish candlestick formation observed yesterday. This candlestick not only settled above the previous daily high of 170.322 but also surpassed a key resistance level. Given...
Understanding the Nature of Loss in Forex Trading, (1) The Reality of Losses: Forex trading involves significant risks due to the dynamic nature of currency markets. Losses can occur due to incorrect market predictions, poor risk management, or...
EUR/USD /H1 Greetings. In the Asian session, buyers have held their positions at the Monday close, despite a small gap that has now been closed. Looking at today's market, the nearest EUR/USD daily H1 timeframe chart support level appears to be...
The NZD/USD currency pair, currently trading at 0.6112, has shown a bearish trend recently. This suggests a prevailing sentiment of NZD weakness or USD strength in the market. Despite the current slow movement, I believe there are factors that could...
Good morning. the sellers were not allowed to form an active movement downwards, although the attempt was not bad, and it seemed that we would actively go further down. But in general, buyers have also not yet broken through anything important, in...