T E C H N I C A L _ A N A L Y S I S A U D / U S D Good morning and best wishes to all of us. AUD/USD is trading at 0.6605 at the time of writing. If you look at the history of yesterday's market movements, it seems that sellers are starting to...
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...
ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...
Hello all, The price behavior of gold is currently a hot topic among traders and analysts. As we continue our detailed analysis of the gold market, we begin by examining the daily time frame to gain a broader perspective on recent movements....
As of the current trading session, the GBP/USD pair is quoted at 1.2650. Recent market dynamics indicate that the US dollar continues to exhibit a bearish trend. This decline in the dollar's value can be attributed to a combination of factors...