Date: 6th March 2025. The Euro is on The Rise But Is the Currency Overbought? In addition, the German Bond fell and witnessed their worst day in almost 30 years. As a result the higher bond yields also continue to support the Euro. Currently, the...
I have been closely monitoring the NZD/USD pair, and as expected, it failed to break through the support at the lower border of the ascending channel. Instead, I observed that the price rebounded from the level of 0.55850 and began to move upward....
General Points about NZD/USD: Looking at the current market, the NZD/USD price is moving near the 0.5734 level. The Reserve Bank of New Zealand (RBNZ) Governor’s speech earlier today had a positive impact. Market sentiment appears to have...
It’s easy to remember your wins, but what about your losses? A trading journal allows you to analyze both your successes and failures. Over time, you can identify patterns that lead to losses and improve your strategies accordingly. And for the...
During the European trading session, the EUR/JPY pair experienced a notable surge, climbing to approximately 161.15. This upward movement was primarily fueled by a weakening Japanese Yen (JPY) against the Euro (EUR), a direct consequence of US...