The euro is struggling against the US dollar, reaching its lowest point since early May. It's currently trading around 1.0700, but analysts fear it could continue to decline. This weakness is due to several factors. Firstly, concerns are swirling...
USD/JPY Technical Analysis(17-6-2024)rice action will move the market down in the coming trading sessions. You can open a sell order between the 158.22 and 157.54 levels. If the market breaks the 158.29 level to the upside? It will invalidate this...
The EUR/USD currency pair demonstrated considerable volatility last week, marking a period characterized by significant fluctuations in its exchange rate. This notable activity was observed against a backdrop of various economic data releases and...
4:55 GMT: Sold the USD/JPY At 4:55 GMT, I opened a sell trading position with a 0.25 lot size on USD/JPY. You can see the details of this trade in the picture below. USD/JPY | Sell | Enter @ 157.50 | Stop @ 157.69 | Take profit @ Depend on the...
The NZD/USD currency pair, representing the exchange rate between the New Zealand Dollar (NZD) and the US Dollar (USD), is currently trading around 0.6125. The prevailing trend for this pair is bearish, indicating a decline in the value of the NZD...