GBPJPY Analysis The daily chart of the GBP/JPY currency pair shows a significant change in the market structure, as it has moved from a strong and stable bullish phase to a correction or consolidation phase. Initially, the pair showed strong upward...
Why Practicing in a Demo Account Is Necessary for Becoming an Expert Forex Trader The foreign exchange (Forex) market is the largest and most liquid financial market in the world. Every day, trillions of dollars are traded by institutions, banks,...
The Impact of Interest Rates on the Forex Market Interest rates play a crucial role in the foreign exchange (Forex) market, significantly influencing currency values, trader decisions, and market volatility. As one of the most important fundamental...
The AUD/USD currency pair is trading near the 0. 6390 level as a new week starts, indicating that price movements are stable and strong. Analyzing the technical side, the daily chart suggests a positive outlook for the Australian Dollar against the...
How Inflation Affects Currency Value: A Crucial Insight for Forex Traders In the world of Forex trading, inflation is more than just an economic buzzword — it's a critical factor that can significantly influence currency value. Understanding how...