High leverage in forex trading can increase potential gains and potential losses. While this allows traders to manage larger positions with smaller amounts of capital, it increases exposure to risk and market volatility Here is a rundown of the...
Technical Analysis of New Zealand dollar/US dollar NZD was unable to extend its gains during last week's trading as it faced strong resistance at 0.6198, but this resistance was enough to withstand the pressure and force the price lower, which later...
At the beginning of this month, the USDCAD currency pair attempted to reverse the prevailing market trend by moving towards a bearish direction. However, despite these efforts, market conditions on the daily timeframe indicated that buyers were...
FOREX TREND ENVELOPES Forex Trend Envelopes: A Comprehensive Guide In the world of Forex trading, identifying trends and making informed investment decisions can be a daunting task. One effective tool that traders use to navigate the markets is the...
The USD/JPY currency pair has been range-bound in recent weeks, oscillating between support and resistance levels. However, recent market trends suggest that the pair is poised for a downward movement, potentially breaking below the critical 155.39...