The Australian dollar dropped by 0.40% when the Australian CPI was released but mostly lost its gains. During the European session, AUD/USD is trading at 0.6663, which is 0.24% higher for the day. Australian inflation is increasing rapidly. In May,...
The Euro has undergone considerable volatility in recent days and weeks, with the 1.07 level emerging as an important support zone that many traders are closely watching This level has seen significant push and pull action indicating its importance...
How much benefits of forex for foreigners? *Global Market Access*: Forex trading offers access to a global market, allowing foreigners to trade currencies from around the world, 24 hours a day, 5 days a week. *Leverage*: Forex trading provides...
USD/JPY ANALYSIS 29 JUNE 2024 H4 time frame: This morning I analyzed the UsdJpy market pair which is planned to be a trading option for next week. Based on observations of the graph on a 4 hour time frame, it shows that the market situation on...
Current Developments in Gold Price Action The analysis of Gold's price behavior is currently open to discussion. Following the recent southern pullback, there's a strong likelihood that the price will start to rise. I'll focus on the 2340...