The pair experienced a fluctuating first session on Thursday, initially drawing interest from dip-buyers. However, it struggled to maintain momentum above the 142.30 mark and capitalize on its upward movement. Currently, the pair trades with a mild...
What is Swing Trading In Forex ? Swing trading in FX is a medium team trading strategy that involves holding positions for several days to weeks, aiming to profit from price swings or waves in the market. Unlike day trading, which involves quick...
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...
On Wednesday, the spot price experienced a notable recovery, bouncing off daily and weekly lows to surpass the 1.3105 mark. This uptick was fueled by improved market sentiment following a statement from a Bank of England official. The BoE assurance...
Gold prices, represented by XAU/USD, have been influenced recently by several important factors. First, U.S. inflation data has raised expectations that the Federal Reserve might cut interest rates by 25 basis points (bps). This potential rate cut...