How to Utilize Leverage in Forex Trading Leverage is a powerful tool in Forex trading that allows traders to control a larger position with a relatively small amount of capital. However, using leverage effectively requires a deep understanding of...
The USD/CAD currency pair saw mixed trading during the Asian session on Friday. Although it initially moved higher, the lack of sustained buying interest kept it below the important psychological level of 1.4000. Strong Canadian CPI data released on...
The USDCHF currency pair is currently trading around 0.8858, with technical indicators on the hourly chart favoring a bullish scenario. Although the MACD is in the negative zone, there is a possibility of the price recovering from this level,...
GBP / NZD: Hourly time frame Recommendation The market of GBPNZD hit the 2.1558 level yesterday which indicates that the bears are powerful. But the news factors might help the bulls of GBPNZD to pull back. Thus, preparing professional trading...
The EUR/JPY currency pair jumped to around 164.30 in early European trading on Wednesday. This bullish trend was mainly driven by the Bank of Japan (BoJ)’s lack of clarity on future interest rate hikes, which weakened the Japanese yen (JPY). In...
