AUDUSD MARKET ANALYSIS On Friday (June 14), AUD/USD continued to fall by 0.35% last Friday, closing at 0.6614. The Australian dollar continued to be under pressure due to the general rise of the US dollar, but due to the emergence of bargain...
4:55 GMT: Sold the USD/JPY At 4:55 GMT, I opened a sell trading position with a 0.25 lot size on USD/JPY. You can see the details of this trade in the picture below. USD/JPY | Sell | Enter @ 157.50 | Stop @ 157.69 | Take profit @ Depend on the...
Greetings and Good morning to Everyone! We can observe a selling scenario on EUR/JPY today. Although there is no particular news event affecting the EUR/JPY market, we can still make informed decisions by following the market from a technical point...
ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...
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