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 C L / CRUDE OIL Hello respected visitors. How are you doing today? I want to analyze the Crude oil price movement from a technical and fundamental point of view. Technically, the market price of Crude oil is...
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 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...
