A strong entry point in the forex market is fundamental to achieving success in trading. Establishing an effective entry strategy requires relying on a well-tested approach that has been validated over extended periods. A good entry point minimizes...
Technical Analysis of GBP/USD The sterling continued to grow last trading week and reached new local highs but faced stiff resistance, which forced it to continue moving higher. Having consolidated above the 1.3292 level, the pair was able to...
The pair briefly touched the 1.1004 level on Thursday, before retreating back to its opening bids as market forces weighed on the Euro. After a short-lived technical recovery earlier in the week, the pair remains constrained, with traders shifting...
The spot price of gold continues to climb, hovering above $2,662 as investors eagerly anticipate pivotal data releases from the US Dollar and crucial decisions from the Federal Reserve. The central bank is widely expected to maintain interest rates...
Date: 03rd October 2024. Dovish ECB Comments Send Euro Downward as Investors Eye US Jobs Data However, as the price is now extremely close to the previous support levels from September 3rd and 11th, Investors should be cautious of buyers...