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 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,...
GBP/USD GBP/USD is hanging around 1.2350 this morning after slipping a bit in early London trading. I’m seeing the pair still under pressure, mostly because the U.S. dollar continues to stay strong, while the pound seems to be lacking any real...
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:...
GBP/JPY has recently slipped below the 9-period Simple Moving Average (SMA) currently positioned at 188.494, suggesting a shift in short-term sentiment to the downside. The overall price action shows a failure to maintain bullish momentum after...