The EUR/USD currency pair exhibited considerable volatility last week, marking a period of significant fluctuations in its exchange rate. On Friday, the pair reached a notable six-week low, dipping to 1.0680. This marked a significant downturn from...
USD/CAD CURRENCY PAIR ANALYSIS: The trading session this week has seen a significant bullish movement in the USDCAD currency pair. On Monday, there was an attempt by the sellers to push the price down, leading to a correction that brought the price...
High leverage in forex trading can increase potential gains and potential losses. While this allows traders to manage larger positions with smaller amounts of capital, it increases exposure to risk and market volatility Here is a rundown of the...
The USD/JPY currency pair is currently on an intriguing journey as it attempts to reclaim its upward momentum. Recently, the pair encountered a significant bounce in the 155.76 zone, a level that has proven to be a formidable resistance point....
At the beginning of this month, the USDCAD currency pair attempted to reverse the prevailing market trend by moving towards a bearish direction. However, despite these efforts, market conditions on the daily timeframe indicated that buyers were...