Leverage is a powerful tool in forex trading, but it must be used wisely. While it can increase profits, it also comes with high risks. Successful traders use leverage cautiously, combining it with proper risk management strategies to protect their...
American consumers have to live on tight budget American consumers have already drastically cut their spending, bracing for even tighter budgets. The latest consumer spending indicator fell to the lowest level in the past four years. The Personal...
USD/JPY The USD/JPY hourly chart demonstrates a clear bearish trend over the observed period, reflecting significant downward momentum in the currency pair. From 28 February to 6 March, the price consistently traded below two critical moving...
In the recent analysis of the CHFJPY currency pair on the M15 (15-minute) timeframe, we have witnessed notable price action around the resistance level of 168.641. The market had been trading within a defined range near this resistance, which...
General Points about USDJPY: The USD/JPY market has reached the 149.11 level, which is a support level. A crucial point where buyers and sellers are actively engaging, determining the next possible market direction. The selling pressure at this...
