The Australian dollar managed to recoup some of its losses on Wednesday, staging a modest recovery after the previous trading session's decline. The AUD/USD currency pair experienced this rebound following the release of initial Purchasing Managers'...
EUR/USD Technical Analysis – 1-Hour Timeframe Support Levels: 1.13695 (S2), 1.13087 (S1) Resistance Level: 1.14945 (R1) The EUR/USD pair is currently trading within a defined range as the market awaits stronger directional cues. Price action on the...
GBP/USD MARKET ANALYSIS Looking at the movement pattern then added with the existing analysis data I conclude that the GBPUSD currency pair is estimated to still move bearish, on the chart it does appear that this pair is moving up but I am sure...
GBP/USD remains under bearish pressure around the 1.3300 mark during Wednesday’s European session, struggling to regain upward momentum following the release of weaker-than-expected April PMI data from the UK. The softer economic activity readings...
In the world of trading—whether it's Forex, stocks, or cryptocurrencies—understanding the Risk-to-Reward Ratio (R:R ratio) is extremely important. This concept helps traders plan their trades wisely and manage their risks better. It’s one of the...
