Good Morning, Traders! Welcome to Today’s Live Trading Discussion Today, we kick off our session by analyzing the USD Index, which closed with a bullish trend yesterday. It moved up from the 101.50 level to test the 101.90 level but failed to break...
What is spread in forex trading. Introduction to Forex Trading Forex trading, also known as foreign exchange trading, involves the buying and selling of currencies in the global marketplace. It's one of the largest financial markets in the world,...
What is pivot point in forex trading. A pivot point is an indicator developed by floor traders in the commodities markets to determine potential turning points. In the forex and other markets, day traders use pivot points to determine likely levels...
Fundamental Analysis After the important economic data was released on Wednesday, the Australian dollar (AUD) reduced its daily losses against the US dollar (USD). Australia's GDP reported a QoQ reading of 0.2% for the second quarter, higher than...
M-15 Chart Technical Outlook AUD/USD Market situation forecast for AUDUSD pair. Let's see what we should expect today. At the moment, the situation is not as clear as I would like. Hello, dear colleagues and forum guests, the next line is the...