Market Participants Categorized by Intentions: Hello friends! How are you all? Today, we're diving into the realm of financial operations, focusing on the execution aimed at managing or reducing risk. This involves acquiring or selling products that...
General Points about GBPAUD: The GBPAUD market showed strong bullish momentum as it reached the 1.9854 level on Friday. We observed that the GBPAUD market reached the 1.9854 level on Friday, reflecting the dominance of buyers despite various...
Market Fundamentals: Market sentiment has shifted slightly regarding the Bank of Canada’s (BoC) monetary policy stance after stronger-than-expected labor market data. The latest figures revealed that the Canadian economy added more jobs than...
I continue to see an upward potential for this pair despite the decline the day before yesterday. I still believe that buyers have a slight advantage, even though the margin system indicates a multidirectional trend. I acknowledge that the overall...
EUR/USD Technical Analysis: EUR/USD has been struggling to break past 1.0850, with 1.0800 acting as a key pivot. The 200-day SMA around 1.0780 is holding as support, while 1.0900 remains a tough resistance level. Support Levels: 1.0780, 1.0750,...
