Greetings to all forum members studying and trading on the currency market. As I analyze the EURGBP currency pair, I notice that a strong support level has formed at 0.8380. I believe this level presents a potential opportunity for buyers to enter...
NZD/USD Here’s my take on the NZD/USD pair for today, based on both technical and fundamental factors. Technical Analysis: Looking at the daily chart, NZD/USD has been moving within a range recently, and right now, it’s testing key support at...
GBP/USD: Simple business tips for beginners on 12 March. Review yesterday's forex shops Analysis of shops and business tips for British pound The first test level of 1.2942 occurred when the MacD indicator was significantly above the zero mark,...
Free margin refers to the available equity in your trading account that is not currently tied up in open trades. It is the portion of your funds that can be used to open new trades or absorb losses from existing positions. In simpler terms, free...
AUD/USD Technical Analysis: Right now, AUD/USD is stuck in a bit of a range, with resistance around 0.6600 and solid support near 0.6520. The 50-day SMA is acting as a ceiling, while the 200-day SMA still leans bearish unless we get a convincing...
