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...
Upon closely analyzing the USD/CHF market, it seems that the price has recently entered a demand zone, which I highlighted in light blue. If there's a strong upward bounce from this area, it might signal a potential bullish reversal. Therefore, my...
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...
Monitoring the H4 timeframe for the USDCHF currency pair reveals a notable resistance level above the current price. This resistance area could pose a significant barrier to upward movement. Given the prevailing bearish trend, my strategy is to...
EUR/USD Market Analysis: The current market price of EUR/USD is 1.0876, reflecting a slight decline of -0.05% from the previous close. This small change indicates a relatively stable market, but the upcoming economic events might introduce some...