**Market Analysis and Trading Insights** Today's forex market is abuzz with high-impact news that is poised to influence various currencies significantly. This news is expected to create substantial volatility, especially for currency pairs directly...
GBP/JPY Analysis The 4-hour chart suggests a potential new uptrend for the GBP/JPY currency pair, with a weekly resistance level at 206.64. This week, the pair has been trading within rising price channels, which have been supportive of its upward...
On Tuesday, the USD/JPY currency pair was successfully taken over by sellers in the market, who managed to dominate trading. The sellers maintained buying pressure at the resistance area of 157.15-157.10 while successfully driving the price down...
**GBP/USD Bullish Trend: Key Insights and Trading Opportunities** The GBP/USD currency pair has recently broken through a significant resistance level, signaling a robust bullish trend. This breakout above the 1.29374-1.28900 range suggests a...
Forex trading involves buying and selling currencies to profit from their fluctuating values. As a beginner, understanding the Forex market’s basic structure is key. This market operates around the clock, allowing traders to engage at any time....