USD/JPY technical analysis Greetings to the Forex community. I hope you enjoy my most recent post analysis. Starting at 149.40, the dollar index declines. Currently, the US dollar is trading at 149.12 cents per dollar. There is a downward movement...
Fundamental analysis in the Forex market relies on daily economic variables and is heavily influenced by news events that can significantly move currency pairs. Many traders find this type of analysis challenging and often do not rely on it...
On Saturday, ETH/USD experienced a slight gain of 0.59%, reaching approximately $2,470. This increase occurred even as Glassnode reported a drop in Ethereum's market cap dominance relative to Bitcoin. Despite the overall negative trend in Ethereum...
Managing Risk in Forex Trading: A Trader's Guide If there’s one thing I’ve learned in Forex trading, it’s this: managing risk is the name of the game. Sure, strategy matters, but without solid risk management, even the best traders can lose big....
The 50% Fibonacci retracement level is a widely used but technically unofficial Fibonacci level in trading. While the official Fibonacci retracement levels are derived from the Fibonacci sequence (23.6%, 38.2%, 61.8%, 78.6%, etc.), the 50% level is...
