General points about AUDUSD: Right now, the AUD/USD market has dropped again and is currently trading around the 0.6242 level, signaling renewed selling pressure in the pair. The recent drop shows that yesterday’s U.S. Unemployment Rate data favored...
Take Profit In forex trading, Take Profit (TP) is an order that a trader sets to automatically close a position once it reaches a certain level of profit. It’s a key part of risk and money management and helps traders lock in gains without having...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Good morning everyone. I will discuss the crazy GBP/USD pair. If you look at the current situation, we can see that GBP/USD is still trading below the 20 exponential moving averages and 50...
The New Zealand dollar (NZD) experienced a decline against the US dollar (USD) in early European trading on Friday, with the NZD/USD pair approaching the 0.5720 level. This downward pressure stems from growing concerns regarding the escalation of...
General Points for NZDUSD: The NZD/USD market is currently trading at the 0.5714 level, and it appears that the pair could move lower in the coming time. Several factors are contributing to this bearish sentiment, with the release of key U.S....
