I started my trading day by selling EUR/USD above 1.1350, following yesterday’s 174-point rally and a local high of 1.1384. I didn’t observe any strong bearish signals during the day, but I proceeded with my strategy anyway. I initiated my first...
We’re talking about the NZD/USD pair, one of the major currency pairs in the forex market. Right now, there’s a great buy opportunity from the demand zone between 0.5900 and 0.5890, and here’s why this area is technically strong. Firstemand Zone...
Gold (XAU/USD) Technical Overview Gold ended the day on a steadier note, trading near $3,293 as market participants digested a blend of mixed economic cues. Despite brief volatility earlier in the session, price action gradually settled into a more...
AUD / USD: Trading Recommendations The original market of AUDUSD follows the fundamental factors. Thus, it hit the 0.6421 level in the passing days, reflecting the impact of Australian and U.S. economic data. Positive signals from Australia’s trade...