Currently, the AUD/USD currency pair is exhibiting a bearish bias, characterized by clear advantages for sellers who are successfully intercepting price action at resistance levels, thereby halting upward momentum. This consistent pattern of...
Bitcoin Trading Analysis: Navigating the Bearish Trends Current Market Overview Bitcoin's recent performance has been notably volatile. Yesterday, the cryptocurrency surged towards the $58,500 mark, only to retreat and test support at $56,400. This...
USD/CAD Technical Analysis (8-7-2024): The pair will move up according to the price action. I recommend opening a buy order between the 1.3626 and 1.3601 levels today. If the price breaks the 1.3600 level to the downside? Then, it will invalidate...
EUR/GBP,D1 Can be attributed to various factors. One primary influence might have been the economic data released from the Eurozone or the United Kingdom. Positive economic indicators from the Eurozone, such as better-than-expected GDP growth,...
Margin call In forex trading, a margin call occurs when a trader's account balance falls below the required margin level to support the open positions. This can happen when a trader's losses on existing trades exceed the amount of margin in their...