The USD/JPY pair has plunged below the psychological 150.00 level, currently trading around 149.70, as the Japanese Yen (JPY) exhibits notable strength amid growing speculation that the Bank of Japan (BoJ) will continue tightening its monetary...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
The Bank of Japan’s monetary policy has long been characterized by relatively loose monetary policy, including negative interest rates and an aggressive bond-buying program to boost inflation and economic growth. But market participants are closely...
GBPJPY Analysis The GBPJPY currency pair is currently trading within a well-defined harmonic triangle pattern, which can be identified by converging trend lines that form resistance and support levels. Price action overlaps these areas and often...
Leverage in forex trading can amplify both potential profits and risks. Here are 15 points explaining the concept of leverage and considerations for its prudent use.Leverage is the ability to control a large position in the market with a relatively...
