The New Zealand dollar is strengthening due to improved risk sentiment globally and upbeat commodity market performance, which directly benefits NZD as a commodity-linked currency. Meanwhile, the US dollar has been under slight pressure following...
Trade Summary Today’s trade on GBP/USD didn’t go as planned. I entered a sell position on the M15 timeframe at 1.28759. My stop loss was set at 1.28820, and the take-profit target was 1.28365. The lot size was 0.5. Unfortunately, the trade ended in...
Hello. We are currently observing a strong northern momentum in the market, particularly with the Australian dollar (AUD) against the US dollar (USD). The exchange rate has reached a notable level of 0.6189 and is approaching the psychological...
GBP/USD increased to the third consecutive session and reached 1.2857, especially the driven weaker US dollar when the tension of business trade tension in the US. Key factors affecting GBP/USD movements China has increased tariffs to American goods...
In the world of forex trading, technical analysis is a critical tool used by traders to make informed decisions about their market positions. One popular approach involves the use of various indicators to gauge market momentum, trends, and potential...
