On Wednesday during EU trading hours, the pair dipped slightly below the 1.0490 level, maintaining a sideways movement as traders await important economic data. As of the latest update, the pair is trading around 1.0499, with market participants...
EUR-GBP PAIR ANALYSIS Looking at the price movement on Tuesday, this pair also started the movement by consolidating for quite a long time around its daily open which opened yesterday morning at a price of 0.8274. Buyers occasionally tried to push...
The AUD/USD pair continues its downward trajectory, hitting a four-week low of 0.6386 on Wednesday. The decline is mainly influenced by the decision of the Reserve Bank of Australia (RBA) to keep interest rates at 4.35% per annum for the ninth...
What is Risk Management? Risk management is a simple yet powerful concept. It's about identifying, assessing, and controlling potential dangers or uncertainties that could harm you, your business, or your investments. Think of it like wearing a...
D1 period chart - USDCAD currency pair. The wave structure here, as before, is still built in an ascending order. The MACD indicator is growing in the upper purchase zone and above its signal line. There is no joy for the bears here yet. A rather...
