Understanding Trading Strategies: Trading strategies are systematic approaches used by traders to determine when to enter and exit trades, manage risks, and optimize potential profits. They provide a structured framework amidst the chaotic nature of...
The USD/CAD currency pair is experiencing a notable phase as prices are currently positioned below the established weekly lows. This scenario presents a significant potential for traders, as the repeated testing of these lower price levels, followed...
EUR/USD Forecast: Strongest Bearish Weekly Closing Opportunity After the release of US economic data, EUR/USD tried to recover this week's losses, driven by GDP growth, weekly initial jobless claims and US durable goods orders, but the gains did not...
USDJPY MARKET ANALYSIS On Thursday (June 27), USD/JPY closed at 160.76, slightly away from the 38-year high of 160.88 reached on Wednesday, as the United States released a series of weak economic data that day. The United States released a lot of...
As of Friday, the situation looks bleak for the USD/Swiss Frank currency pair, as on the one hand we are witnessing a four-hour long downtrend for the currency pair, during which bearish prices have fallen. 0.8830, but the latest event, for example,...