Forex trading, or FX trading, is the process of exchanging one currency for another in the global market. The Forex market is characterized by its high liquidity, operating across various time zones. Beginners should familiarize themselves with...
**GBP/USD Bullish Trend: Key Insights and Trading Opportunities** The GBP/USD currency pair has recently broken through a significant resistance level, signaling a robust bullish trend. This breakout above the 1.29374-1.28900 range suggests a...
Analysis and Trading Strategy for USDCAD: Hello, traders. Let’s delve into finding the precise entry point for the USDCAD pair on the chart. After a thorough analysis, I am inclined towards selling the instrument from the 1.38166 level. This...
On Tuesday, the USD/JPY currency pair was successfully taken over by sellers in the market, who managed to dominate trading. The sellers maintained buying pressure at the resistance area of 157.15-157.10 while successfully driving the price down...
Forex trading is the act of buying and selling currencies on the foreign exchange market to generate profits. This market operates continuously from Monday to Friday and involves trading currency pairs such as USD/JPY or EUR/GBP. Understanding basic...