The pair surged to 157.10 during Friday’s European session, reflecting significant market movements. However, the asset quickly retreated as the US Dollar continued its downward trend for the third consecutive trading session. The DXY managed to...
Last week, on the weekly chart of the euro, the JPY price continued to rise. First, it tested the support at 169.77, rolled back from it, and the week closed above 169.77. For this reason, last week I gave priority to growth towards the resistance...
Margin and leverage are key concepts in forex trading that allow traders to manage large positions with small amounts of capital. Understanding how these concepts work is essential to effectively managing risk and maximizing returns. tip Margin is...
The pair experienced a notable decline on Friday, retreating to the 157.10 level as the DXY weakened against all major currencies. This depreciation of the USD provided the Japanese Yen (JPY) some respite from widespread market pressure, allowing it...
GBP/ USD Price Interpretation The analysis of the GBP/ USD Currency pair's price action will be the main topic of our conversation. The GBP/USD pair is currently trading in negative territory below 1.2759. The US dollar is outperforming its...