One of the biggest reasons to follow an economic calendar is volatility. Some economic releases move the markets dramatically. For instance, when the U.S. releases its NFP data, the USD pairs can swing sharply within minutes. By knowing when such...
The white metal prices extended their rally for the second consecutive session on Wednesday, trading near $33.40 per troy ounce during European hours. The renewed upward momentum in the dollar-denominated metal comes amid a softer U.S. Dollar (USD),...
Hello. And as for the USDJPY pair, I personally also believe that we can and should still fall. Moreover, we still have a downward movement as the main one. And there is where to go down, because there is a platform in the area of 139.55, and...
The AUD/USD currency pair is currently facing a critical phase on the 1-hour timeframe, as it retests the ascending trendline that it previously attempted to break but failed. That earlier failure was accompanied by the pair’s inability to form a...
Market Fundamentals: The Turkish Lira (TRY) experienced a sell-off, which had some spillover effects on the Euro (EUR). European banks, though exposed to Turkish borrowers, are not as vulnerable as they were during the 2018 crisis. Market...
