GBP / AUD: An Hourly Time Frame Suggestions Both the bears and bulls faced negative news data from the GBPAUD economic department, which created an indecisive environment and limited any aggressive movement from either side. Uncertainty loomed...
Forex trading involves not only understanding currency pairs and market movements but also knowing how to enter and exit trades effectively. To do this, traders use different types of orders. An order in forex is simply an instruction sent to your...
EUR/USD The EUR/USD currency pair is one of the most traded and significant pairs in the forex market. It represents the exchange rate between the Euro (EUR) and the United States Dollar (USD). When traders buy EUR/USD, they are essentially...
As the new trading week commenced in Asia, West Texas Intermediate (WTI) crude oil, the primary benchmark for US oil prices, was observed trading around the $60.80 mark. This price level reflected a continued defensive stance among traders as they...
Greetings, esteemed colleagues. Currently, I am analyzing the EUR/USD currency pair on the chart. The recent price action reveals some interesting developments that warrant a closer look. The sellers managed to hold the price below the key...
