The spot price experienced a notable rise of approximately 0.33% in early trading today, driven by a decline in the US Dollar. As the new trading week commenced, investors began to shake off recent concerns stemming from weak market sentiment....
EUR/USD Price Activity Today's focus is on analysing the price movements of the EUR/ USD currency pair. The European currency’s limited decline after the interest rate cut suggests that the market had anticipated this event well. This anticipation...
Good Morning Traders: Live Analysis and Insights on Gold and the USD Index Welcome to today's live trading discussion! Yesterday, the USD index displayed a bullish trend, climbing from the 100.50 level to around 101.05. However, the index appears...
The Japanese yen held firm after paring gains during the day as expectations grew for a sharp rate cut by the Federal Reserve on Wednesday. Traders will turn their attention to the Bank of Japan’s monetary policy decision on Friday, when it is...
Trade Analysis and Tips for Trading the Japanese Yen The price test at 140.57 occurred when the MACD indicator had just started moving downward from the zero mark, which confirmed the correct entry point for selling the dollar in continuation of the...