Stope loss A Stop Loss is a critical risk management tool in trading that helps limit potential losses. It involves setting a predetermined price level at which a trade will automatically close if the market moves against your position. By doing...
Analysis of the USD/CHF Pair: Current Trends and Future Possibilities Volatile Week and Fundamental Factors The USD/CHF pair has experienced significant volatility this week. The pair initially gained considerable strength due to several key...
The Japanese Yen has gained strength as a safe haven asset, putting pressure on the CAD JPY exchange rate. The exchange rate reached a resistance level of 110.27, but then experienced a rapid downward movement, reaching a support level of 107.85...
The GBP/USD currency pair experienced a decline on Thursday, trading around 1.2220 in Asian trading hours. This downward movement followed a two-day period of gains and was primarily attributed to the release of lower-than-expected UK inflation...
The GBP/USD currency pair has displayed intriguing movements recently. The 4-hour chart suggests a bearish trend that continues to prevail, as indicated by the current price of 1.2164, which is approaching a strong support level at 1.2150. The...