Gold continued to demonstrate his underlying force on Thursday, since he consolidated near his weekly maximums. At the beginning of the week, on Tuesday, Gold reached a new short -term peak of $ 2,930, after an upward reversion of the support, which...
Market Fundamentals: The US Dollar (USD) experienced a strong opening after President-elect Donald Trump threatened to impose 25% tariffs on Canada and Mexico, accusing them of providing China with a pathway to supply illicit drugs to the United...
EUR/USD Technical Analysis EUR/USD is currently in a downtrend on the H1 timeframe, with the price trading around 1.07909. The 150-period moving average (MA) is sloping downward, confirming bearish sentiment. The price remains below this MA,...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
One of the key advantages of a trading strategy is that it helps mitigate emotional decision-making. Fear and greed are common emotions that can cloud judgment and lead to poor decisions. By sticking to a strategy, traders can avoid the pitfalls of...
