The pair briefly touched the 1.1004 level on Thursday, before retreating back to its opening bids as market forces weighed on the Euro. After a short-lived technical recovery earlier in the week, the pair remains constrained, with traders shifting...
A strong entry point in the forex market is fundamental to achieving success in trading. Establishing an effective entry strategy requires relying on a well-tested approach that has been validated over extended periods. A good entry point minimizes...
The spot price has experienced significant selling coercion, approaching its critical support level of 1.1000 during the US session on Thursday. Several factors are contributing to the price's decline, including the disappointing Purchasing...
Today, we observed a bullish scenario in the NZD/USD market as it successfully crossed the 0.6245 zone. New Zealand’s GDP rate came out better than expected, providing support to the NZD/USD pair. Traders who follow a macroeconomic-based approach...
Analysis of Trades and Trading Tips for the Euro There were no tests of the levels I indicated earlier in the day. Low market volatility and relatively solid data on service sector activity in Eurozone countries maintained equilibrium, which can...