Certain scheduled economic events and reports occur on a monthly basis and can significantly impact forex market prices. We should look our for them and trade very carefully during these times. 1. Non-Farm Payrolls (NFP) - USA Timing: First Friday...
TRADING CHART ON USD CAD D1. The USD/CAD chart illustrates a strong bullish trend, with the price currently at 1.43736, nearing a significant resistance level around 1.4450. This resistance aligns with previous highs, making it a critical area to...
Good Morning Traders! Welcome to Today’s Live Trading Insights Yesterday, the USD Index demonstrated a strong bullish trend, rallying from 107.80 to 108.50 before showing signs of instability. Currently, the index is attempting to test the 108.05...
GBP/USD Market Analysis Current Market Status This morning, I am analyzing the GBP/USD market, which is currently trading at 1.2565. There is significant weakness in the price movement, indicating that sellers are still dominating the market and...
The CHFSGD currency pair has been rallying for the past four days, after failing to continue its decline towards a nearby demand area. The price has bounced back from a new demand area on the daily time frame, ranging from 1.5115 to 1.5040. This...
