USD/JPY Technical Analysis The USD/JPY currency pair currently trades at 147.041, between key support levels at 146.42, 144.33, and 140.65 and resistance levels at 151.99, 154.87, and 158.90. The pair has shown strong bullish momentum, with buyers...
AUD/USD Australian Dollar Holds Gains, Though Downside Risks Appear Due To Global Trade Tensions The Australian dollar gained against the USD on Monday, regaining the losses of the previous two sessions. The AUD/USD currency pair appreciation was...
Impact of Spreads in Day Trading What is a Spread in Trading? In financial markets, the spread is the difference between the bid price (the highest price a buyer is willing to pay) and the ask price (the lowest price a seller is willing to accept)....
Currency pair GBPJPY - let’s consider the chart of the D1 period. The wave structure on this chart has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning of February, the third wave...
Currency pair EURJPY - let’s consider the chart of the D1 period. The wave structure here has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down. The...