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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 ...
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.