Developing and implementing a Forex system requires many steps, from initial research planning to implementation to ongoing operations. Here’s a comprehensive guide on how to put your forex strategy to work: Step 1efine your goals and risk tolerance...
EUR/JPY H1 The EUR/JPY currency pair has been stuck in a narrow trading range between 168 and 170 for over a month. This period of consolidation has seen a decline in buying interest, while selling pressure has started to mount. Sellers seem to be...
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The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....
GBP/USD/H4 GBP/USD is again facing limited selling pressure after new data suggested a possible calm in the labor market, which has given investors relief that the Bank of England will begin cutting interest rates later this year and could start...