The analysis of the current market situation reveals that the asset in question is trading above its moving averages, which typically indicates a bullish sentiment in the market. However, despite this positive positioning, the asset is currently...
I am closely monitoring the NZD/USD currency pair today, and I see the resistance level of 0.57451 as a key point where I can confirm the success of buyers. I believe that if the bulls maintain their momentum, they have a strong chance of pushing...
The European Central Bank (ECB) continues to shape the market's outlook as President Christine Lagarde reassured traders on Wednesday that the bank is "not overly concerned" about inflationary risks from abroad. Instead, the ECB remains committed to...
The EUR/JPY currency pair has been experiencing a structured uptrend, with price movements influenced by key support and resistance levels. The market initially traded within a range below the 157.600 support level, where buying volume was evident....
Leverage in forex trading can amplify both potential profits and risks. Here are 15 points explaining the concept of leverage and considerations for its prudent use.Leverage is the ability to control a large position in the market with a relatively...
