The EUR/USD pair entered a phase of consolidation on Monday, initiating the new trading week with a relatively subdued tone as market participants braced themselves for a data-intensive week of US economic releases. Equity markets experienced...
The chart represents the price movement of gold on an hourly (H1) timeframe. Various technical indicators, such as Fibonacci extensions, Bollinger Bands, and the stochastic oscillator, are applied to analyze potential price action. Looking at the...
The Job Openings and Labor Turnover Survey (JOLTS) is a monthly report published by the U.S. Bureau of Labor Statistics (BLS) that provides valuable insights into the U.S. labor market by measuring job vacancies, hires, and separations. This data is...
The AUDUSD pair has experienced a significant decline this evening, aligning with the broader trend of dollar strength across major currency pairs. While the dollar's gains have been notable across the board, the AUDUSD pair's drop is not as severe...
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...
