The NZD/USD currency pair has exhibited a pronounced bearish tendency in the past month, with sellers asserting their dominance over the market. The price has been pushed down to the 0.6094 level, marking a notable shift from the preceding weeks...
The Spinning Top candlestick pattern is a type of candlestick that signifies indecision in the market. It is characterized by a small real body (the difference between the opening and closing prices) and long upper and lower shadows (wicks). This...
High leverage in forex trading can increase potential gains and potential losses. While this allows traders to manage larger positions with smaller amounts of capital, it increases exposure to risk and market volatility Here is a rundown of the...
Analysis of monitoring the trend of the US Dollar / Yen currency pair. Time frame – 4 hours. Let's evaluate the prospects for the movement of the analyzed instrument from the point of view of the profitability of concluding a transaction based on...
The GBP/USD currency pair, also known as "Cable," is currently trading around 1.2691, with a noticeable bearish trend. The recent price action suggests a sluggish market, but several factors indicate potential for significant movement in the near...