USD/JPY Technical Analysis: The USD/JPY pair is holding steady around the 149.50 mark, staying just below the key 150.00 resistance level. If the pair breaks above this, we could see a rally towards 150.40 or higher. On the flip side, 149.00 is...
PAIR REVIEW EURNZD As we can see, the bulls failed to break the first resistance level. At the moment, analyzing the situation on the hourly chart, we can note the EURNZD pair is in a bearish trend and is now trying to gain a foothold below the...
NZD/USD Market Outlook Greetings and Good Morning guys! The New Zealand's Dollar is again losing its value from yesterday. It had reached around the 0.5876 zone. Today, the market will move volatility during the US zone as the high-impact news...
Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
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