The USD/JPY currency pair has been range-bound in recent weeks, oscillating between support and resistance levels. However, recent market trends suggest that the pair is poised for a downward movement, potentially breaking below the critical 155.39...
The NZD/USD currency pair is currently trading at 0.6143, reflecting a bearish trend in recent trading sessions. The New Zealand Dollar (NZD) has been under pressure against the US Dollar (USD), indicating a preference for the safer haven of the...
High leverage in forex trading can increase potential gains and potential losses. While this allows traders to manage larger positions with smaller amounts of capital, it increases exposure to risk and market volatility Here is a rundown of the...
WHAT IS SPINNING TOP CANDLESTICK PATTERN The Spinning Top candlestick pattern is a neutral candlestick formation that appears when a stock's or asset's price action is indecisive, indicating a balance between buyers and sellers. It is called a...
The USD/JPY currency pair is currently on an intriguing journey as it attempts to reclaim its upward momentum. Recently, the pair encountered a significant bounce in the 155.76 zone, a level that has proven to be a formidable resistance point....