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 USD/CAD pair remains poised for potential upside amid heightened political uncertainty and shifting macroeconomic dynamics. Former Bank of England Governor Mark Carney’s call for a snap Canadian election on April 28 has added a layer of...
The bearish situation for the USD/CHF pair remains uncertain, as the Ichimoku indicator still shows a sell signal with the RSI indicator crossing below the RSI indicator at 0.8030 and 0.8075, respectively. However, the price is currently at 0.8090,...
USD/JPY Right now, USD/JPY is trading around 134.50, holding steady after some stability last week. The pair’s been supported by a strong U.S. dollar, but it’s having trouble pushing higher with global markets showing some caution. Technical View:...
Examining USDCHF with Fibonacci numbers. I prefer to utilize the Fibonacci grid tool in a unique manner. I extend it from the highest point of the previous day's candle, marking the 100% level at 0. 82006, and set the low to the 0% level at 0....
