TRADING UPDATES On the DAILY H4 and H1 timeframes, the price is indeed below the MA50, so it is clear that seller dominance will continue in the next trading week, especially since the distance between the EMA50 and the price on the Daily candle is...
WHAT IS MARKET DEPTH PROFILE Market depth profile, also known as market depth or order book depth, refers to the ability of a market to absorb large orders without significantly affecting the price of the security. It is a measure of the market's...
In the realm of currency trading, the EUR/USD pair has sustained its upward trajectory, maintaining its bullish momentum on Tuesday. This enduring trend signifies a notable surge, which warrants a meticulous examination to grasp its intricate...
The NZD/USD market is currently caught in a tense tug-of-war between sellers and the looming impact of upcoming US news events. Sellers are actively trying to push the price below the key support level of 0.6175. However, their efforts are being...
In the dynamic landscape of the GBPJPY market, a fascinating tug-of-war has emerged between the forces of buyers and sellers, each vying to assert dominance and influence the trajectory of the currency pair. This intricate dance of supply and demand...