What is Market Depth Profile? Detailed Components of Market Depth Order Book Structure: Top of the Book: This shows the best bid and ask prices (highest bid and lowest ask) along with the quantities available at those prices. Depth of the Book:...
The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This persistent...
Trading Wisdom: USD/ JPY Prices I am currently assessing the dynamic pricing behaviour of the USD/ JPY currency pair. USDJPY on the H4 chart is poised to continue its upward trajectory. The price remains above the upper boundary of the Ichimoku...
Understanding Gold Price Movement The analysis of Gold's price behaviour is currently open to discussion. For Gold, I continue to foresee a decline. In the H4 time frame, the main idea hinges on the sell signal, indicated by a brown bar aiming...
WHAT IS PIVOT POINT IN FOREX TRADING Pivot points are a popular technical analysis tool used in Forex trading to predict potential support and resistance levels. They are calculated based on the previous day's price action and are used to identify...