The spot price has displayed a mixed trend at the start of the new trading week. After an initial dip to around 1.3600 against the USD, it rebounded. Despite the reduced trading volume due to a Canadian market holiday, the CAD has exhibited...
In Monday’s North American trading hours, the price saw a significant reversal, giving up most of its intraday gains against the US Dollar (USD). The pair, which had previously climbed, fell back to near the key support level of 1.3001. This shift...
A 15-minute (15M) timeframe in Forex trading is a short-term trading interval where each candle or bar on the chart represents 15 minutes of price movement. It is commonly used by day traders and scalpers who want to profit from small price...
In recent developments, the Japanese Yen has been showing signs of strength, largely driven by safe-haven flows amid rising geopolitical tensions in the Middle East. According to ABC News, the Israel Defense Forces (IDF) intercepted approximately 30...
USD/JPY: Simple Trading Tips for Beginner Traders Analysis of Trades and Tips for Trading the Japanese Yen The test of the 139.90 price level occurred when the MACD indicator was already significantly below the zero line, limiting the pair's...