Trend Line In forex trading, a trend line is a straight line drawn on a price chart to help identify and visualize trends in the market. It is one of the simplest and most effective tools in technical analysis. Traders use trend lines to...
The value of the euro has no significant impact on the outlook of the British pound, even though the European Central Bank recently reduced its benchmark interest rate. This was anticipated by market participants, causing the EUR GBP exchange rate...
AUD/USD Market Analysis Greetings and Good Morning guys! This week, the Australian Unemployment rate and Employment Changes were also better. But It couldn't help the buyers of AUD/USD to hold the 0.6432 zone. They dropped sharply down and raced at...
Long Term Trading Long-term trading in the forex market, often referred to as position trading, involves holding positions for weeks, months, or even years. It requires a strong understanding of fundamental analysis, market trends, and patience....
USD/JPY Weekly Outlook Greetings and Good Morning to everyone! Yesterday, the market of USD/JPY crossed the 153.00 zone successfully. It shows the stability of the buyers. Also, the US news events were in favor of buyers. And, the incoming week can...
