What is market depth Market depth describes a real-time electronic list of all the buying and selling orders queuing up to be transacted on a or other . It is useful for traders to see where the weight of bids and offers lies for any security....
GBP/JPY CURRENCY PAIR ANALYSIS: The price increase for this month can be said to be not very significant. The GBP/JPY currency pair has clearly been undergoing a downward correction, despite the dominance of buyers in recent weeks. As of now, the...
The MACD indicator on the daily chart shows a typical buy signal, indicating some buying interest in the market. However, this interest may not be strong enough to drive significant price increases in the near future. Traders should closely monitor...
The outlook for the Japanese Yen appears to remain strong, putting pressure on the GBP/JPY currency pair and influencing its movement upwards. This scenario is quite unusual since, typically, after a significant decline, prices tend to continue...
Friday. In spite of the shortfall of huge improvements in the week by week schedule straightforwardly affecting the Canadian Dollar, market spectators found themselves dependent on information coming from the US to check the elements of the...