Japanese just bounced on Tuesday after slipping almost 1% a day before. At the European meeting, USD/JPY is traded at 150.11, which is 0.39% per day. One weakened to 150.95 at the Asian meeting, its lowest level from March 3. Yen stabilizes after...
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...
The European Central Bank (ECB) continues to shape the market's outlook as President Christine Lagarde reassured traders on Wednesday that the bank is "not overly concerned" about inflationary risks from abroad. Instead, the ECB remains committed to...
I am closely monitoring the NZD/USD currency pair today, and I see the resistance level of 0.57451 as a key point where I can confirm the success of buyers. I believe that if the bulls maintain their momentum, they have a strong chance of pushing...
The provided image displays a GBP/USD H1 (hourly) candlestick chart with key price levels and an RSI (Relative Strength Index) indicator. The current price is shown at 1.2949, with the RSI at 56.68, indicating a neutral momentum leaning slightly...
