GBP/ USD: The Art of Price Action Analysis Our current focus is evaluating the GBP/ USD currency pair's price action. Unexpectedly, there was a significant downward correction in the pound, but on Monday, I anticipate the rate will resume its upward...
Analysis of the Uploaded Chart Chart Description: The uploaded chart appears to depict a long-term trend analysis of a currency pair, likely showing a descending triangle pattern, which is typically a bearish continuation pattern. Key observations...
MARGIN VS LEVERAGE In the world of trading, margin and leverage are two crucial concepts that can have a significant impact on an investor's profits or losses. While often used interchangeably, margin and leverage are distinct concepts that require...
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...
EUR/USD: Current Situation The EUR/USD pair is presently in a slow uptrend. However, last Friday, just before the market closed, the H4 chart indicated the beginning of bearish pressure. The price closed at the 1.0801 level. Looking ahead to next...