Certain scheduled economic events and reports occur on a monthly basis and can significantly impact forex market prices. We should look our for them and trade very carefully during these times. 1. Non-Farm Payrolls (NFP) - USA Timing: First Friday...
The CHFSGD currency pair has been rallying for the past four days, after failing to continue its decline towards a nearby demand area. The price has bounced back from a new demand area on the daily time frame, ranging from 1.5115 to 1.5040. This...
The NZDUSD experienced a challenging trading session on Friday, depreciating by 0.14% against the US Dollar to close at 0.5760. This downward movement reflects a persistent struggle for the NZD to gain traction, failing to overcome the resistance...
Good Morning Traders! Welcome to Today’s Live Trading Insights Yesterday, the USD Index demonstrated a strong bullish trend, rallying from 107.80 to 108.50 before showing signs of instability. Currently, the index is attempting to test the 108.05...
Bitcoin’s Bullish Momentum: Will It Hit $102,000 or Retreat to $90,000? Bitcoin has exhibited remarkable bullish momentum, creating significant opportunities for traders. Yesterday, Bitcoin surged from the $96,300 level and tested $99,500,...