USD/CAD Tuesday saw a rise in the Canadian dollar as May's Consumer Price Index (CPI) inflation rate was marginally higher. The Canadian dollar fluctuated sharply against the US dollar throughout the American market day, hitting a record 14-day...
The EUR/JPY currency pair, which stands at 171.13 as of the current moment, is exhibiting a bearish trend. While the market appears to be moving slowly at present, there are compelling reasons to anticipate a significant movement in the coming days....
For this instrument, it is clear that accumulation is underway. I expect this ongoing accumulation to culminate in a significant upward movement. As I've mentioned many times, I plan to monitor the resistance levels at 79.96 and 80.62. Near these...
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...
Understanding the Nature of Loss in Forex Trading, 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...