The USD/CAD currency pair is currently facing a critical psychological resistance level at 1.3700. This level is pivotal as it represents a significant barrier that traders are closely watching. A successful breakthrough above this psychological...
Trading with an Expert Advisor (EA) in the Forex market can be very attractive due to the promise of automated, emotionless trading. However, it also comes with many risks that traders need to be aware of in order to manage their investments...
Forex and Cryptocurrency Forecast for 10 – 14 June 2024 EUR/USD: Who Controls the Financial Market It is clear that interest rates rule the markets, not only in terms of actual changes but also regarding expectations about the timing and magnitude...
I was expecting a completely different situation on Friday! The opening of the resistance line of the daily channel by the bulls, although it only gave a preliminary signal for further development of the north, the bulls were very confident in...
In Asian trading on Tuesday, the British Pound (GBP) maintained its recent gains against the US Dollar (USD), hovering around the 1.2770 level, buoyed partly by a weakened US Dollar Index (DXY) near 104.60. However, traders remained cautious due to...