GBP/ USD: The Art of Price Action Analysis Our current focus is evaluating the GBP/ USD currency pair's price action. Unexpectedly, there was a significant downward correction in the pound, but on Monday, I anticipate the rate will resume its upward...
Margin and leverage are key concepts in forex trading that allow traders to manage large positions with small amounts of capital. Understanding how these concepts work is essential to effectively managing risk and maximizing returns. tip Margin is...
The pair experienced a notable decline on Friday, retreating to the 157.10 level as the DXY weakened against all major currencies. This depreciation of the USD provided the Japanese Yen (JPY) some respite from widespread market pressure, allowing it...
EUR/USD: Current Situation The EUR/USD pair is presently in a slow uptrend. However, last Friday, just before the market closed, the H4 chart indicated the beginning of bearish pressure. The price closed at the 1.0801 level. Looking ahead to next...
EUR/USD Price Activity Today, we will explore the price action of the EUR/USD currency pair. Activity was bound to intensify eventually, and identifying its direction was crucial. My recent focus has been on the H1 resistance at 1.0914, which needed...