Fundamental Outlook of EUR/USD The EUR/USD currency pair is currently navigating a difficult landscape, influenced by several factors. A major element affecting the pair is the growing expectation that the European Central Bank (ECB) may lower...
Commodity Channel Index Trading Strategy #1 _CCI Mean Reversion Strategy_ This strategy uses the Commodity Channel Index (CCI) to identify overbought and oversold conditions in a market, with the goal of mean reversion. _Strategy Rules:_ 1. _Long...
The EUR/USD pair experienced a slight decline on Wednesday, closing 0.04% lower following the release of the US inflation report. The core consumer price index (CPI) remained unchanged in August, suggesting a potential pause in the Federal Reserve's...
The USD/JPY pair is currently trading around the 142.62 mark, with its movement being shaped by various economic elements. In Japan, government officials anticipate wage increases for part-time workers and employees of smaller businesses by autumn,...
The Euro, underperforming against major currencies, has led to a significant decline in the currency pair from recent highs of 1.1055 during Wednesday's New York trading session. Market sentiment is heavily influenced by the expectation of another...