In the ever-evolving world of forex trading, the USDCAD currency pair has recently shown signs of notable potential for a bullish rebound. The current market scenario suggests that this pair might breach the significant psychological barrier at the...
What is the relationship between margin and leverage? Leverage” and “margin” refer to the same concept, just from a slightly different angle. When a trader opens a position, they are required to put up a fraction of that position’s value “in good...
GBPUSD ANALYSIS JULY 27, 2024 Good morning, Although on Wednesday the GbpUsd pair tried to move towards the bullish side and formed the highest weekly zone, it seems that it has not succeeded in rising higher because the price is still bouncing...
NZD/USD has been consistently dropping in value recently. It began its decline from a high point of approximately 0.6250 and has now reached close to 0.5900. This movement highlights the prevailing negative influence on the market. Key resistance...
GBPCAD ANALYSIS JULY 27, 2024 The GBPCAD pair price during this week tends to move sideways/ranging because the price fluctuates between the pivot point (PP) 1.7743 and the resistance (R1) 1.7802. There is no significant progress for the price to...