The EURJPY currency pair is currently exhibiting a bullish trend on the H1 timeframe, and I am considering a buying opportunity at the 161.17 level. To manage risk, I will place a protective stop order at 160.01, ensuring that my potential loss is...
This week has been one of the worst for the US dollar in recent months, if not the past couple of years. I believe that while President Trump’s indecisiveness on tariffs has contributed to the dollar’s decline, it is not the sole factor. I also...
NZD/USD Forecast Greetings and Good morning, guys! The RBNZ Governor’s speech today is expected to support the buyers of NZD/USD, helping the pair remain stable amid ongoing market volatility. Yesterday, the US ADP Non-Farm Employment data and...
THE CURRENCY PAIR AUD-USD The price of the Australian reversed and, as expected, was pushed to the north, as a result of which a full bullish candle was formed, which was able to easily consolidate above the maximum of the previous daily range....
Leverage Leverage in forex trading allows traders to control a larger position in the market with a smaller amount of capital. It is essentially a loan provided by the broker, enabling traders to magnify their potential profits. However, it also...
