In the American trading session on Monday, the pair displayed notable strength against its major counterparts, except the Japanese Yen (JPY). This uptick in the British currency comes on the heels of a significant political shift in the United...
Welcome all members. I hope you are all doing well. If you want to encourage people to open a trade in EUR/JPY, it's essential to provide a clear strategy and share it live to reach others effectively. EUR/JPY is currently trading at 156.50 and...
On Monday morning, the U.S. dollar continued its downward trend against the Japanese yen and is now perilously close to the 140-yen level. The important question is whether the market is oversold. While this may appear to be the case, this decline...
Leverage is a powerful tool in Forex trading that lets you control a large trade with a small amount of money. It's like using a crowbar to lift a heavy weight – it makes the job easier and increases the risk of injury. With leverage, you can make...
In my morning forecast, I highlighted several levels and planned to make market entry decisions based on them. Let's look at the 5-minute chart and analyze what happened. The breakout and retest of 1.0914 led to a sell signal, but a drop did not...