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...
PAIR REVIEW EURNZD Hello! My observation of the EURNZD chart today attempts to continue the upward direction. This is a breakdown of the Maximum - 1.846, but the impulse was bought out. Now the price shows a squeeze to Support - 1.846, if longs...
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...
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...
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...
