Benefits of Analysis in forex trading. Forex analysis is used by retail to determine decisions on . It can be technical, using resources such as charting tools. It can also be fundamental, using economic indicators and news-based events. Types of...
The pair extended its winning streak for the sixth consecutive day on Friday, climbing above the 1.4100 level during the Asian session. This upward momentum reflects the ongoing weakness in the Canadian Dollar (CAD), driven by market expectations of...
•••EUR/USD Analysis and Forecast – November 16, 2024••• ••Introduction Today, the EUR/USD pair remains under pressure, trading near 1.0542. The persistent strength of the U.S. dollar, driven by economic resilience, contrasts sharply with the...
The AUD/USD pair traded within a narrow range on Friday, ultimately recording daily losses as the US Dollar wavered after mixed economic data. Market sentiment remains cautious, influenced by the Australian economy's uncertain outlook and the...
The USD/CAD currency pair represents the exchange rate between the US dollar (USD) and the Canadian dollar (CAD). It is a widely traded pair in the forex market, heavily influenced by factors such as oil prices, economic indicators, monetary...