Good Morning Traders! Welcome to Today’s Live Trading Insights Yesterday, the USD Index demonstrated a strong bullish trend, rallying from 107.80 to 108.50 before showing signs of instability. Currently, the index is attempting to test the 108.05...
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...
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 A U D / U S D Hello. Today I have decided to do a technical analysis of AUD/USD. AUD/USD is trading at 0.6251 at the time of writing. Currently, AUD/USD is in a bearish direction but this direction can't be said...
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...