Bullish and Bearish Strategies in Forex Trading Bullish and bearish strategies are designed to capitalize on market trends—bullish strategies for upward trends and bearish strategies for downward trends. These strategies involve identifying market...
The USD/CAD currency pair experienced a temporary pullback from its recent highs near the 1.4400 level during the early European trading session on Thursday. While the underlying fundamentals remain strongly bullish for the US dollar, the short-term...
TRADING CHART ON NZD USD W1. The NZD/USD pair has been in a persistent downtrend since mid-2014, characterized by a series of lower highs and lower lows, as visible on the chart. This long-term bearish momentum is further confirmed by the moving...
GBP/USD holds ground near 1.2600 after declining more than 1% following the Federal Reserve’s hawkish cut on Wednesday. The Pound Sterling gains upward support as the Bank of England is anticipated to keep interest rates unchanged later in the day...
The Australian Dollar (AUD) experienced a temporary reprieve from its downward trajectory following the release of consumer inflation expectations data on Thursday. However, the broader trend for the AUD remains bearish, influenced by several key...
