AUDUSD Daily Outlook AUD/USD is in a steady downtrend, as evidenced by the descending channel that has been shaping price action for several months. The currency pair has faced stiff resistance within this descending structure and has repeatedly...
During the negotiation session on Wednesday, the Light Sweet Crude Oil Market (WTI) experienced a significant decrease, testing an important level of support that many merchants are observing closely. This strong recoil raises concerns that, at...
Leverage is a powerful tool in forex trading, but it must be used wisely. While it can increase profits, it also comes with high risks. Successful traders use leverage cautiously, combining it with proper risk management strategies to protect their...
GBP/USD Market Outlook: The GBP/USD market saw a significant move today, rising to 1.29222 before retreating to 1.28646. It is currently recovering and trading at 1.28871. The US jobless claims report will be the most critical factor moving today's...
Analysis of USD/JPY on the Daily Chart The USD/JPY currency pair appears to be primed for a downward movement towards the level of 146.50. This potential decline seems to be influenced by expectations surrounding the strengthening of the Japanese...
