GBP-USD PAIR MOVEMENT At the beginning of this week, the buyer's army had actually tried to push the price up which managed to maintain the consistency of the movement towards the bullish trend. It seems that the bullish movement that occurred in...
**NZD/JPY Market Overview** The NZD/JPY currency pair is currently trading at approximately 88.08, indicating a bearish trend that has characterized recent market activity. While the market has been moving slowly downward, various indicators suggest...
Market Overview: Greetings, Traders! Welcome back to Interlock's Trading Journal. I hope you’re all doing well and enjoying the profits from my recent Bitcoin analysis. As anticipated, Bitcoin tested the 58,400 level yesterday before rebounding to...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
What Is Support and Resistance in Forex Trading? In forex trading, understanding the concepts of support and resistance is fundamental to analyzing market behavior and making informed trading decisions. These two terms are key components of...