Forex trading with a trend reversal strategy involves identifying when the current trend is losing strength and preparing for a potential reversal. This strategy can be highly rewarding, but it also comes with risks because you're essentially...
The pair experienced a notable rally at the beginning of this week, trading around the 1.1038 mark. This uptick in the euro comes amidst a backdrop of shifting market sentiments and policy signals from central banks. With the Federal Reserve (Fed)...
The pair is currently hovering around 143.10 after retreating from a weekly peak of 143.80 during the early US trading hours on Monday. This decline can be attributed to a softer US Dollar (USD) and a shift in market sentiment towards safe-haven...
The EURGBP pair continues to decline and could continue that trend after a possible correction towards the 50 EMA. If it breaks the key level of 0.8400, it could test lows at 0.8382. The stochastic indicator supports the bearish move, suggesting...
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