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 E U R / U S D Good Morning Visitors. Let’s focus on the EUR/USD price action. EUR/USD is trading at 1.0429 at the time of writing. The US dollar index is in positive territory, which indicates that the US currency...
The CHFSGD currency pair has been rallying for the past four days, after failing to continue its decline towards a nearby demand area. The price has bounced back from a new demand area on the daily time frame, ranging from 1.5115 to 1.5040. This...
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...
