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...
The EUR/USD pair kicked off the new week with strong bullish momentum, surging beyond the 1.1550 mark during Monday’s session. This impressive upward move propelled the pair to its highest level in over three and a half years, underscoring...
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...
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,...
At present, the EURJPY market has finished at the level of 161. 84, and there are expectations for further upward movement. This level acts as resistance, and it seems that buyers are quite strong. In general, the EURJPY market appears to be...
