Therefore, currency functions as a monetary unit that a buyer uses to purchase goods or services from a seller. Most nations possess their own currencies, meaning a country’s currency typically cannot be used in another nation without conversion to the local currency at an exchange rate. Nevertheless, multiple countries can share a single currency; for […]

Fibonacci pivot points incorporate Fibonacci ratios into the calculation, offering an alternative set of support and resistance levels. These ratios, which have been observed in nature and human behavior, provide a different lens through which to view market sentiment. Many traders find that Fibonacci pivot points align closely with natural market cycles and price retracements. […]