Managing risk is crucial to achieving success in Forex trading. It involves understanding the potential losses and taking steps to minimize them. One proven technique is to set a stop-loss order, which automatically closes a trade when it reaches a...
Bitcoin Market Analysis: Bullish Momentum and Trading Strategies Current Market Overview Bitcoin is showing strong bullish momentum, having recently surged from the 65,600 level to test the 69,500 level. This upward movement indicates a potential...
Spread in Forex Forex trading, or foreign exchange trading, is the process of buying and selling currencies to make a profit. It is the largest financial market globally, with a daily trading volume exceeding $6 trillion. Among the many concepts...
The EUR/JPY currency pair recently established an additional support level at 167.00 during its last trading session, reinforcing the bullish correctional outlook. This support level is significant as it provides a solid foundation for the pair to...
GBP/JPY Pair Analysis The GBP/JPY pair is currently trading within a narrow range, with support around 204.50. If the price approaches this level without breaking below it, it may signal a buying opportunity. On the resistance side, the pair is...