Friday. In spite of the shortfall of huge improvements in the week by week schedule straightforwardly affecting the Canadian Dollar, market spectators found themselves dependent on information coming from the US to check the elements of the...
USD/JPY Current Market Outlook The USD/JPY currency pair is back in the spotlight, with a recent pullback during European trading on Friday. The pair is currently hovering near 157.50, a sign of the Japanese Yen regaining some lost ground. This...
WHAT IS MARKET DEPTH PROFILE Market depth profile, also known as market depth or order book depth, refers to the ability of a market to absorb large orders without significantly affecting the price of the security. It is a measure of the market's...
The NZD/USD market is currently caught in a tense tug-of-war between sellers and the looming impact of upcoming US news events. Sellers are actively trying to push the price below the key support level of 0.6175. However, their efforts are being...
TRADING UPDATES On the DAILY H4 and H1 timeframes, the price is indeed below the MA50, so it is clear that seller dominance will continue in the next trading week, especially since the distance between the EMA50 and the price on the Daily candle is...