Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
ANALYSIS OF GBP/JPY PAIR. The GBP/JPY pair on the H1 timeframe exhibits a complex yet structured price movement, characterized by notable swings, dynamic trend shifts, and key support-resistance interactions. The 190.40 level emerges as a pivotal...
Hello. Considering that the volume level of NZD/USD 0.5734 stopped the price growth on this trading instrument and now the quotes in this value are in one place, we can assume that perhaps there is nothing interesting for the market above at all,...
The EUR/GBP pair has witnessed a significant surge, fueled by speculative activity that swiftly countered the pair's descent to a two-and-a-half-year low of 0.8220 in December. This rapid reversal propelled the pair to 0.8380, marking its most...
One of the key advantages of a trading strategy is that it helps mitigate emotional decision-making. Fear and greed are common emotions that can cloud judgment and lead to poor decisions. By sticking to a strategy, traders can avoid the pitfalls of...
