Tag: USD

When trading in the forex market, one of the first things new traders must learn is how to size their trades appropriately. The concept...

The concept of an "effective currency" encompasses a wide range of factors, including economic stability, global influence, liquidity, and utility in international trade. Currencies...

In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...

When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...

The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for...

The EURUSD currency pair has continued its upward movement, now approaching the 1.1100 level. A breach of this level could pave the way for...

On September 12, 2024, Bitcoin (BTCUSD) achieved its first anticipated target, reaching $58,480. Currently, the price is consolidating around $58,000 as it seeks to...

In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...

In the realm of international finance, currency value plays a crucial role in shaping economic stability, trade relationships, and investor confidence. The value of...

The value of a country's currency is a critical indicator of its economic strength and stability. It reflects not only the country's purchasing power...

The Ethereum price (ETH/USD) is currently testing the descending bearish trend line at $2,360.00. This resistance level is reinforced by the 50-period Exponential Moving...

The AUD/USD exchange rate is currently hovering around the anticipated target of $0.6640, within a bearish channel that suggests the potential for further declines....