Margin vs. Leverage in the Forex Market Introduction Trading in the forex market can be complex and challenging, requiring a deep understanding of various financial instruments and concepts. Two of the most critical concepts in forex trading are...
USD/ JPY: The Role of Price Action Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. On the hourly chart, the price remains within the ascending channel. Yesterday, the pair climbed to the upper limit...
Last week, on the weekly chart of the euro, the JPY price continued to rise. First, it tested the support at 169.77, rolled back from it, and the week closed above 169.77. For this reason, last week I gave priority to growth towards the resistance...
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Analysis of the Uploaded Chart Chart Description: The uploaded chart appears to depict a long-term trend analysis of a currency pair, likely showing a descending triangle pattern, which is typically a bearish continuation pattern. Key observations...