GBP / JPY: An hourly Time Frame Recommendation The Japanese currency remains under pressure from the United Kingdom's pound. This ongoing pressure has led to a market reversal, with the GBPJPY pair hitting the 191.18 level on Friday. This price...
USD / CAD: Trading Road Map According tomy experience with USDCAD, the bulls are currently putting pressure on the bears, indicating strong bullish momentum. The Canadian negative news has made it easier for the bulls to gain control, pushing the...
The Reserve Bank of Australia (RBA) will announce its key interest rate today. Forecasts indicate the rate will remain unchanged at 4.35%. However, the RBA governor's statement is the main focus for market participants in predicting monetary policy...
Hello, EUR/USD trimmed its position slightly on Monday, retreating from the 1.0600 handle after a technical rejection from the key level last week. Euro traders are gearing up for the European Central Bank’s long-awaited rate call on Thursday, with...
Trading Strategy Trading strategy for the forex market requires a blend of market knowledge, analysis, and disciplined execution. Here's a structured guide to developing an effective trading strategyefine Your Goals and Risk Tolerance...