The pair was trading within a range near the resistance level of 190.161, and I observed that it bounced off this resistance with significant selling volume. This indicated to me that there was strong pressure from sellers at this level, preventing...
I believe that the USD/JPY pair is currently facing downward pressure, and I see no compelling reason for it to move north. I have already made my case regarding the Bank of Japan (BOJ) potentially raising rates by 0.5 to 1 basis point in March,...
Impact of Spreads in Day Trading What is a Spread in Trading? In financial markets, the spread is the difference between the bid price (the highest price a buyer is willing to pay) and the ask price (the lowest price a seller is willing to accept)....
Understanding Demo Forex Accounts: The Essential Tool for Learning and Mastering Forex Trading A demo forex account is an invaluable tool for both beginner and experienced traders. It allows individuals to practice trading in a simulated environment...
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