The pair continued to trade below the US dollar on Friday as investors digested mixed inflation data. Although the spot price managed to recover from its daily losses after the Federal Reserve’s interest rate hike, it remains under pressure....
The pair is trading on a softer note near 1.3570 during the early US session on Friday. The recent dip in the US Dollar, following the Federal Reserve's decision to keep rates unchanged, has pushed the pair to weekly lows. Investors are now looking...
Setting appropriate profit levels when trading forex is essential to effectively manage risk and achieve consistent profits. The goal is to balance the risk/reward ratio while ensuring that your profit goals are realistic based on market conditions....
Bullish and bearish engulfing candlestick patterns are two of the most popular candlestick patterns among traders. They are reversal patterns that signify a change from the current trend. They go with these principles: The bullish engulfing pattern...
Gold Price Activity The Gold price behavior analysis is a topic for discussion. The GOLD market's price trajectory over the last two weeks in the 4-hour time frame appears to be bearish; it appears to decline even more from the period 100 simple...
