On Friday, I initially expected the sellers of the Euro to push prices down and update the current maximum of 1.03323. However, buyers were able to step in with strong upward momentum, and now the key question is whether the sellers can regroup and...
The Federal Reserve's expected 25 basis point rate cut at the FOMC meeting led to a sell-off in the gold market, causing the price to fall sharply. Although it briefly dipped below the psychological level of $2,600, the price was able to recover...
Certain scheduled economic events and reports occur on a monthly basis and can significantly impact forex market prices. We should look our for them and trade very carefully during these times. 1. Non-Farm Payrolls (NFP) - USA Timing: First Friday...
T E C H N I C A L _ A N A L Y S I S G B P / U S D This morning I will try to analyze the GBP/USD market. It is exciting for me to analyze things for myself and to apply what I've learned in trading. So without lingering further, let's start the...
PAIR REVIEW EURNZD Hello! My observation of the EURNZD chart today attempts to continue the upward direction. This is a breakdown of the Maximum - 1.846, but the impulse was bought out. Now the price shows a squeeze to Support - 1.846, if longs...
