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...
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...
TRADING CHART ON USD CAD D1. The USD/CAD chart illustrates a strong bullish trend, with the price currently at 1.43736, nearing a significant resistance level around 1.4450. This resistance aligns with previous highs, making it a critical area to...
The NZDUSD experienced a challenging trading session on Friday, depreciating by 0.14% against the US Dollar to close at 0.5760. This downward movement reflects a persistent struggle for the NZD to gain traction, failing to overcome the resistance...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Hello dear members and admin. Let's see how USD/CHF will behave in the subsequent trading sessions. USD/CHF is trading at 0.8928 at the time of writing. If we look at USD/CHF at this time according...
