Bitcoin (BTC) is currently hovering around the crucial psychological level of $62,000, with market participants closely watching its next move. As of Sunday, the cryptocurrency trades at $62,100, slightly lower by 1.41%. Analysts predict that BTC...
The USD/JPY pair recently broke the key support level at 144.53, indicating the continuation of a downtrend. After this breakout, the pair experienced a 99-point drop, followed by an attempt at correction, where buyers managed to bring the price...
The 9 square is a popular tool used in technical analysis to predict price levels and timing in financial markets, including forex. It is based on the geometric and mathematical concepts introduced by W.D. Gann, a legendary trader known for his...
WHAT IS HEDGING IN FOREX ? _Hedging in Forex: A Comprehensive Guide_ *Introduction* Hedging in Forex is a risk management strategy used to mitigate potential losses or lock in profits by opening multiple positions that offset each other. *Types of...
The GBP/USD currency pair is currently trading at 1.3068, with the prevailing trend being bearish. This suggests that the British pound (GBP) has been losing value relative to the US dollar (USD) in recent trading sessions. The bearish momentum has...