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...
Market Fundamentals: The US Dollar (USD) experienced a strong opening after President-elect Donald Trump threatened to impose 25% tariffs on Canada and Mexico, accusing them of providing China with a pathway to supply illicit drugs to the United...
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...
In my analysis of the NZD/USD trading pair, I observe that the market has recently undergone a substantial decline, which I anticipate may continue in the short term. The price has recently wiped out two bullish candles with a single bearish candle,...
Market Fundamentals: The recent rally in the US Dollar (USD) has driven it to its highest level since November 2023, putting pressure on major currency pairs, particularly the GBP/USD. The release of the latest employment figures from the UK showed...