Gold is often referred to as a safe haven in forex trading due to its unique qualities and historical role as a store of value. Here’s why gold is considered a reliable choice in trading: 1. Gold as a Safe Haven During times of economic...
The AUD NZD pair in the H1 time frame is currently trading between the EMA 200 H1 and EMA 633 H1, making it challenging for both sellers and buyers to drive significant price movements. The market opened on Monday at 1.1052, which is also the weekly...
The pound continues to fall The British pound continues to lose ground, showing a noticeable lag behind the trajectory of UK government bond yields. Deutsche Bank analysts recommend selling the pound based on data from a broad trade-weighted index....
GBP/USD Analysis Introduction Today, based on the macroeconomic calendar, we can anticipate a relatively calm trading day for the GBP/USD currency pair. Current Market Situation According to the daily chart, the GBP/USD pair has already managed to...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello. Today I have decided to do a technical analysis of USD/CAD. USD/CAD is trading at 1.4436 at the time of writing. Currently, USD/CAD is in a bullish direction but this direction can't be said...
