USD/JPY To better understand USDJPY, we first determine the main trading range, which for the last month has been 157.59-154.58, and this is exactly between the start level of the Bank of Japan’s last intervention and the closing level of this...
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:...
The price dynamics of USD/CHF are analyzed using various technical indicators. The Relative Strength Index (RSI) does not show overbought or oversold conditions, indicating potential for upward momentum if the index stays above 50. Noticeable zigzag...
WHAT IS MARKET DEPTH PROFILE *Market Depth Profile: Understanding Supply and Demand Dynamics* A market depth profile is a graphical representation of the supply and demand dynamics in a financial market, showcasing the number of buy and sell orders...
Crude Oil Price Action Analysis The current analysis of the Crude Oil price behavior is open to debate. A breakdown of the resistance trend line will indicate an attempt to raise the price, whereas a downward rebound will signal the continuation of...