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Forex trading is one of the most fascinating trading forms out there. In Kenya, it is a market that is growing, as the country is becoming more and more digital. This means that a whole new industry ...
Crypto analysts are sounding alarms on possible pullbacks for Solana and XRP, despite weeks of strong market momentum. While these two coins remain in focus, many traders are shifting attention to a ...
The USD/RUB exchange rate reacted to the US and Russian consumer inflation data released this week. A report by the US Bureau ...
The USD/JPY exchange rate rebounded to its highest level since April 3, following a rise in the US Dollar Index (DXY) ...
Bitcoin may retest the $114K–$115K zone—its former resistance turned support—before continuing its rally toward $140K–$160K.
Taking a look at where we stand in the current range in USDJPY - the pair has been rising strongly in the past two weeks.
Any trader can build a strategy. The real challenge is proving that it works, not just once, but across different … Continue ...
Timeframe variation: The charts show different timeframes, offering a multi-perspective view of the currency pair's behavior – crucial for comprehensive analysis.
The overall pattern of lower highs and lower lows confirms the bearish trend. Chart 2 (Bollinger Bands/Z-score): The price is near the lower Bollinger Band, suggesting oversold conditions.
Besides bullish and bearish patterns, there are so-called neutral candlestick chart patterns like doji.
Forex stands for "Foreign Exchange" and refers to the active trading of currencies -- exchanging one currency for another. Here's what you need to know.