currency pairs

Support and resistance are fundamental concepts in technical analysis that help traders determine potential price reversal levels. These levels act as psychological barriers where price action tends to react, making them essential for trading strategies. Understanding how to identify and utilize these levels can significantly improve trading decisions and risk management. What Are Support and…

Introduction to Forex Trading Forex trading, also known as foreign exchange trading or FX trading, is the global marketplace for buying and selling currencies. It is the largest and most liquid financial market in the world, with an average daily trading volume exceeding $7 trillion. Forex trading operates 24 hours a day, five days a…