Another trading week is coming to an end, and trading results so far have been quite weak. I hope that the last day will be more profitable. Good morning Dim, I pray for a profitable end to the current trading week for you! Quotes for the AUD/USD...
Overview of trading and tips on USD/JPY The price test of 160.76 in the second half of the day occurred when the MACD indicator started to rise from the zero mark, which confirmed the correct entry point to buy the dollar during the ongoing bull...
Recent data painted a concerning picture for the Australian economy. The Judo Bank Australia Manufacturing PMI plunged to 47.2 in June, marking the steepest decline since May 2020. This contraction, coupled with a souring investor mood, put the...
The Japanese Yen (JPY) is experiencing a period of weakness, recently settling near its lowest point since 1986 at 161.28. This decline is being fueled by two main factors: speculation of intervention by Japanese authorities to prop up the Yen, and...
GBP/USD also experienced low volatility and the pair hardly moved on Friday. Despite the fact that Friday saw the release of practically the only report in the UK for the week, as well as some of the few reports in the US, the market ignored these...