It seems like there is an attempt to go up and reach the level of the current local maximum at 1.05326, without a thorough breakout and consolidation behind it, nothing special will shine for buyers. The entire growth can be easily leveled, and...
Market Fundamentals: Concerns over Donald Trump's external policies have intensified discussions about the European Central Bank's (ECB) potential interest rate cut. Market analysts are divided on whether the ECB will reduce rates by 25 or 50 basis...
As of February 19, 2025, the Australian dollar (AUD) to US dollar (USD) exchange rate faces significant volatility following recent monetary policy changes by the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ). On...
EUR/JPY Price Action Summary EURJPY fell again in the market movement yesterday Monday. However, the bearish that occurred was still held back by the MA 50 line. The price then moved sideways after approaching the MA 50 line and until this morning...
Trading Forex During Market Open and Close Hours The foreign exchange (Forex) market operates 24 hours a day, five days a week, spanning different global time zones. This continuous trading cycle is divided into four major trading sessions: Sydney,...
