technical indicator suggests that further price increases are possible. In this context, the price action indicates that buyers, or "longs," are likely to remain active around the 1.3395 level. This level has become a crucial point for traders who...
In the past few days, the market price movement has been dominated by sellers, who have been trying to push the price down. However, the chart shows that the bearish attempts have so far failed to break the 1.1004 level, which could serve as a...
EUR/USD This week, eurusd buyers were provided with quite strong support by the level of 1.1120. Therefore, most likely, buyers' stops will be located behind this level. I think that next week these buyers' stops will be taken out, and the support...
What is lot in forex trading. A lot in forex trading is a unit of measurement that standardises trade size. The change in the value of one currency compared to another is measured in pips, which are the fourth decimal place and therefore very tiny...
The pair remained relatively steady in its latest trading session, showing little change over the past 24 hours. With traders now shifting their attention to major upcoming events, such as the release of US Consumer Price Index (CPI) inflation...