The EUR/USD currency pair experienced a significant decline on Thursday, falling to 1.0504. This downward movement was primarily driven by the release of US inflation data. The US Consumer Price Index (CPI) increased by 0.3% on a monthly basis in...
Technical Analysis Technical analysis is a method used by traders and investors to evaluate and predict the future price movements of financial assets, such as stocks, currencies, commodities, and cryptocurrencies. Unlike fundamental analysis, which...
NZD/USD Market Analysis Greetings and Good Morning to Everyone! We can see that the overall market trend of NZD/USD is in favor of sellers. Yesterday, the US Unemployment Rate can bring some volatility in the market. As one of the most closely...
Profitable Trading Strategy A profitable trading strategy typically combines several key elements to maximize returns and minimize risks. Here are some general principles and strategies that traders use to create a profitable approach: Risk...
GBP / NZD: An Hourly Time Frame Road Map It was not a good market scenario for the bulls of GBPNZD that the market dropped by testing the 2.2097 level last night. It indicates or represents the power of bears. The bears are in action and might...