The NZD/USD pair experienced a pullback during the European trading session on Friday, trading around the 0.6300 level. The bearish trend was primarily driven by the strengthening US dollar, as markets remained cautious ahead of the release of the...
Trade Analysis and Tips for Trading the Euro The test of the 1.1148 price level occurred when the MACD indicator started moving down from the zero mark, confirming the correct entry point for selling the euro. As a result, the pair moved down by...
The discussion today will focus on the price behavior of the USD/CHF currency pair. Currently, the market is showing some uncertainty, and there is no strong indication that buyers have a good chance of pushing the price higher. For traders looking...
Trading journal Friday, September 27, 2024 EURGBP Assalamu'alaikum and good morning fellow countrymen. Hopefully all activities carried out can run smoothly until tonight. As usual, I want to update the trading journal to see the projection of the...
USD / CAD: We are discussing and analyzing the USD/CAD currency pair's current pricing behavior. My trading strategy is around the Bollinger Bands and a vertical volume histogram. It signals a potential peak in growth and suggests opening a short...