Overview of Potential Bearish Move in AUD/USD Pair It is possible that from this point, a bearish move could occur, leading to a significant drop in the price of this trading instrument. This scenario will unfold if the AUD/USD pair fails to move...
The Average Directional Movement Index (ADX) is a technical analysis indicator used to quantify the strength of a trend regardless of its direction. It was developed by J. Welles Wilder, who also created other well-known indicators such as Relative...
Gold falls below $2,500 following US PCE report, boosting likelihood of September Fed rate cut. Fed's cautious policy easing strategy stirs uncertainty; markets favor a 25 bps cut. Traders' bets on a 25 bps rate cut rise to 69%dds for a 50 bps...
WHAT IS SWING TRADING? Swing Trading: A Comprehensive Guide Swing trading is a popular trading strategy that involves holding positions for a shorter period than investing, but longer than day trading. It's a versatile approach that suits traders...
Analysis of the USD/JPY Price Movements In our discussion, we are analyzing the price changes in the USD/JPY currency pair. This week, the USD/JPY pair experienced a sharp decline, primarily due to the Bank of Japan’s decision to raise interest...