Carry Trade Strategies A carry trade is a popular forex trading strategy where traders borrow (sell) a currency with a low interest rate and use the proceeds to buy (go long on) a currency with a higher interest rate. The goal is to profit from the...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello, in this article, we will take a closer look at the evolution of the price of XAU/USD. Let's see how XAU/USD performs in the next trading session. XAU/USD is trading at 2918.04 at the time of...
The EUR/USD currency pair is currently exhibiting a sideways movement within a defined range, specifically between the levels of 1.0899 and 1.0939. The recent price action has been quite impulsive, suggesting that the upward trend may be coming to...
Technology Outlook USD/CHF daily chart The wave structure that is building its order downwards and the MACD indicator that was falling in the lower sales zone and below its signal line were in favor of the sellers. Well, it can be noted that...
AUDUSD CURRENCY PAIR ANALYSIS After breaking through the h1 support at the price of 0.6292, the audusd movement could only go down to the price of 0.6270. The problem is, since yesterday the audusd movement has gone up again. The increase in audusd...