In contrast, long-term trading in Forex provides a more measured approach. Traders can take advantage of broader market trends, allowing them to manage a substantial financial portfolio. Over time, this strategy facilitates the achievement of profit...
EUR/USD 4-Hour Technical Analysis Support 1: 1.09194 Support 2: 1.08776 Resistance: 1.11448 Timeframe: 4-Hour Chart EUR/USD remains in a consolidation phase, hovering within a defined range as traders digest recent economic data and anticipate...
EUR/JPY Technical Analysis – Consolidation Near 160.00 Amid Bearish Pressure Market Overview EUR/JPY is currently trading around the 160.00 psychological level after a volatile decline from the 164.17 high. Price recently bounced off a local low of...
The EUR/USD currency pair showed a significant improvement during the Asian trading session, bouncing back from the area around 1. 0880. This rise indicates a halt in the pair's decline from levels seen near mid-1. 1100, which hasn't been reached...
The Japanese Yen (JPY) showed a significant recovery during the European trading session on Monday, effectively reversing its earlier losses against the US dollar. This rebound pushed the currency back towards the upper end of its daily trading...