TRADING UPDATES GBPUSD In last night's trading session, buyers were unsuccessful in bringing the price to move higher so there was momentum that sellers were able to use to push the price down. Based on the results of the chart analysis, the...
AUDUSD MARKET ANALYSIS On Tuesday (June 25), AUD/USD fell slightly by 0.13% to close at $0.6649. The market is currently waiting for Australia to release the May consumer price index (CPI) on Wednesday. The market expects a decline of about 0.2%,...
The economic landscape significantly impacts foreign exchange (forex) trading, influencing currency values through various macroeconomic factors. Among the most pivotal are interest rates, inflation, and economic growth indicators, which...
EUR/USD /H1 Greetings. In the Asian session, buyers have held their positions at the Monday close, despite a small gap that has now been closed. Looking at today's market, the nearest EUR/USD daily H1 timeframe chart support level appears to be...
Understanding the Nature of Loss in Forex Trading, (1) The Reality of Losses: Forex trading involves significant risks due to the dynamic nature of currency markets. Losses can occur due to incorrect market predictions, poor risk management, or...