Last week, the GBP/USD pair reached a fresh 30-month high, nearing the 1.3430 level, following a significant interest rate cut by the US Federal Reserve (Fed). The Fed’s decision to reduce rates by 50 basis points (bps) marked its first rate cut in...
A strong entry point in the forex market is fundamental to achieving success in trading. Establishing an effective entry strategy requires relying on a well-tested approach that has been validated over extended periods. A good entry point minimizes...
The pair briefly touched the 1.1004 level on Thursday, before retreating back to its opening bids as market forces weighed on the Euro. After a short-lived technical recovery earlier in the week, the pair remains constrained, with traders shifting...
Fundamental Analysis Thursday sees a further 1% increase in crude oil prices as Middle Eastern tensions remain high despite the unexpected increase in US stockpiles. Tradesmen attempt to predict the future course of events in the impasse between...
Price Summary: USDJPY We are analyzing the present state of the USDJPY currency pair's price behavior evaluation. The USDJPY currency pair is in an uptrend, the buy option is probably going to be the most popular trading strategy used throughout...