Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...
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...
CAD/JPY,H1 The CAD/JPY currency pair is currently trading at 110.256, reflecting a situation that has caught the attention of many market participants. Presently, the market sentiment surrounding this pair is predominantly bearish. This bearish...
What is spread in forex trading. Most forex currency pairs are traded without commission, but the spread is one cost that applies to any trade that you place. Rather than charging a commission, all leveraged trading providers will incorporate a...
Welcome, Fellows! I hope you enjoyed the previous week's trading and made good profits. I made 0.24 $ profit last week and withdrew it to my Skrill account. Last week, I received only a 0.69 posting bonus. It is a disappointing figure for me. But, I...