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,...
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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,...
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...
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...