The EUR/JPY pair experienced a sharp decline from a seven-week high around 163.50 to approximately 162.70 during the European session on Monday. The euro weakened as pressure mounted amid growing speculation that the European Central Bank (ECB)...
The USD/JPY exchange rate is currently at 145.730, reflecting a bearish trend. Recent movements have been relatively slow, suggesting a cautious or uncertain sentiment among traders. Several factors could contribute to this behavior, including...
Introduction Forex trading, or foreign exchange trading, has gained immense popularity over the years. With its potential for profit and accessibility, many are drawn to this fast-paced market. This guide aims to break down the essentials of Forex...
As we approach the year's minimum, observing how the market dynamics unfold is crucial. Currently, we find ourselves at the midpoint of a correction, with the potential for the price to push through. However, the objective should be to maintain a...
NZD/USD H1 chart For the NZD/USD currency pair, the entry point I have in mind is 0.63474. I plan to wait until the price moves down to the lower part of the trading channel, around the level of 0.63474. Once the price reaches this level, I will...