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...
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....
USD/JPY Current Market Outlook The USD/JPY currency pair is back in the spotlight, with a recent pullback during European trading on Friday. The pair is currently hovering near 157.50, a sign of the Japanese Yen regaining some lost ground. This...
WTI Crude Weekly Technical Review The West Texas Intermediate (WTI) crude oil market moved sharply higher this past week, putting pressure on the psychologically important $80 level. A break beyond this milestone could pave the way back to $85. The...
The chart provided illustrates the NZD/USD client positioning as tracked by IG Client Sentiment. This analysis focuses on the sentiment of traders regarding the NZD/USD currency pair over a specific period in early June 2024. Let's break down the...