The AUD/USD currency pair experienced a brief recovery on Thursday, bouncing from recent lows. This rebound was primarily driven by a weaker US Dollar and supportive comments from Reserve Bank of Australia (RBA) officials. The US Dollar weakened...
Why Stop Loss is Mandatory in Forex Trading? In Forex trading, a stop-loss order is a predefined instruction to close a trade automatically when the market price reaches a specific unfavorable level. This tool is not just an option but a necessity...
The USD/CAD pair has recently consolidated around the 1.3960 level, after a period of upward momentum. While the Canadian Dollar (CAD) has received some support from higher crude oil prices and a potential slowdown in Bank of Canada rate cuts, the...
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EUR-USD PAIR REVIEW we can see that the price movement in the market for the past few days in the AudUsd pair tends to only run a bearish rally continuing the previous trend which is still heading towards the Downtrend side. Although there was an...
