AUD/USD is showing signs of stabilization near 0.6465, marking its second series of attempted recovery. The Australian dollar found some support in hawkish comments from Reserve Bank of Australia (RBA) Governor Michele Bullock. Bullock said interest...
Gold staged a remarkable rally early Monday morning, climbing 1.35% in early New York trading. This rally follows a sharp recent selloff, suggesting that the current rally could be a natural relief rally. While gold has yet to reach the $2,500 level...
M-1 Chart Technical Outlook USD/CAD USDCAD failed to sustain its bullish momentum and after touching a high of 1.4104, prices started falling against the USD in the US trading session today. Prices are close to horizontal resistance in the daily...
General Points of GBPJPY: Today, the speech by the Bank of Japan's Governor during the Tokyo session did not benefit GBPJPY sellers, leaving the market largely unchanged for bears. The pair has stabilized around 195.47, signaling the continuation...
Trade with Momentum Trading with momentum refers to a strategy that seeks to capitalize on the strength of existing market trends. Momentum traders buy assets that are rising and sell assets that are falling, assuming that those trends will continue...
