GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as the market digests key economic developments from both the UK and the US. The pound is struggling to gain momentum, with uncertainty surrounding the Bank of England’s (BoE) next...
I am currently analyzing the NZD/USD currency pair with the intention of opening long trades. My preliminary trading strategy involves entering the market from the 0.5715 level, targeting the 0.5778 level. I believe this setup is supported by the...
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...
In my analysis, I believe there is no significant difference between allocating 500 billion euros for Germany alone or 800 billion euros for the entire EU. I think the key issue lies in how the EU authorities will take real action and allocate these...
GBP/CAD Greetings and Good Morning, guys! The market of GBP/CAD crossed the 1.8551 zone yesterday, showing that the bullish scenario can help the buyers remain more. This breakout indicates strong buying pressure, suggesting that the uptrend may...