The EUR/USD pair closed below the 1.0400 level during the North American trading session on Monday, reflecting a recovery in the US dollar after a sharp decline on Friday. The US Dollar Index (DXY), which measures the US dollar's strength against a...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping prices move higher within the channel. Crude oil prices are currently hovering above support and...
Trading with AUD/ USD Price Action We will discuss the current behaviour of the AUD/ USD currency pair. I don’t know what to say; the fall can be deep since the pair is against the dollar, which shows quite positive dynamics. The price reached the...
What is negotiation in forex trading. A negotiated market is a type of exchange in which the prices of each security are bargained out between buyers and sellers. In a negotiated market, there are no market-makers or order matching. Instead, buyers...
AUD/USD Fundamental Analysis: Today, I’ve been closely watching the AUD/USD pair, and a few key factors are influencing its movement. China’s latest PMI data came in slightly weaker, which isn’t great for the Aussie given Australia’s trade reliance...