The New Zealand dollar has recently taken a significant hit against the US dollar, dropping to levels not seen in the past three months. Currently, the currency pair NZD/USD is hovering just above the crucial 0.6000 psychological mark, indicating a...
If it fails to resume the pullback within the mother bar range, it has the potential to fall again and continue the decline, leading to the projection of the inside bar pattern around the RBS area at 1.2680. The price decrease may resume if it...
The GBP/USD currency pair recently broke through a significant resistance level at 1.3037-1.2992. This breakout, especially around the 1.29300 mark, is a notable development in the forex market. After breaking the resistance, the pair is now trading...
Technical Analysis of USD/CAD The Canadian dollar remained stable over the past week. At the beginning of the week, the price rebounded from the previous day's low of 1.3616 and continued to rise to the upper limit of 1.3793. Earlier, quotations...
Cent accounts, also known as micro accounts or nano accounts, are a type of trading account offered by forex brokers where the balance is denominated in cents rather than dollars. These accounts are particularly popular among beginner traders due to...