Leverage is a powerful tool in forex trading, but it must be used wisely. While it can increase profits, it also comes with high risks. Successful traders use leverage cautiously, combining it with proper risk management strategies to protect their...
USD/CAD Analysis: Consolidation Phase and Mixed Signals The USD/CAD currency pair is currently trading around the 1.3650 mark, where the market appears to be in a consolidation phase, striving to stabilize its position. However, when considering...
Analysis of USD/JPY on the Daily Chart The USD/JPY currency pair appears to be primed for a downward movement towards the level of 146.50. This potential decline seems to be influenced by expectations surrounding the strengthening of the Japanese...
American consumers have to live on tight budget American consumers have already drastically cut their spending, bracing for even tighter budgets. The latest consumer spending indicator fell to the lowest level in the past four years. The Personal...
Crude Oil Technical and Fundamental Analysis Crude oil is in a downtrend, and the market structure supports sellers. The price trades below the 50-day SMA and the 200-day SMA, confirming the bearish momentum. The key resistance level is 66.8, while...
