EUR/USD The EUR/USD pair witnessed a significant upward movement, breaking key resistance levels on the daily chart. The currency pair surged past the 1.05245 level, reaching a high of 1.08820, marking a sharp rally within a short period. This price...
Market Fundamentals: The recent rally in the US Dollar (USD) has driven it to its highest level since November 2023, putting pressure on major currency pairs, particularly the GBP/USD. The release of the latest employment figures from the UK showed...
The Swiss Franc (CHF) has demonstrated significant strength against the US Dollar (USD), surging notably on Thursday despite mixed US economic data that hinted at ongoing deterioration. This robust performance drove the USD/CHF pair down to 0.8835...
One of the key advantages of a trading strategy is that it helps mitigate emotional decision-making. Fear and greed are common emotions that can cloud judgment and lead to poor decisions. By sticking to a strategy, traders can avoid the pitfalls of...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
