The USD/JPY is trading slightly below the critical 160 level at a moderate pace reported overpurchase situations; Sellers are waiting below 158.35-159.00 BoJ intervention is possible; U.S. core PCE inflation is due at 12:30 GMT Friday After a...
Crude Oil (CL) Wednesday's Asian session saw a reversal of some of the previous day's retracement decline from the $81.65 region, or a nearly two-month high, in West Texas Intermediate (WTI) US crude oil prices. The commodity is presently trading at...
In Wednesday’s EU session, the EUR/USD pair exhibited notable weakness, flirting with immediate support at 1.0683. This bearish shift in the Euro was precipitated by an unexpected political upheaval in France. President Emmanuel Macron's...
The Art and Strategy of Scalping in Trading Scalping is a high-frequency trading strategy that aims to profit from small price changes in financial markets. This method is distinct in its speed and precision, requiring traders to make rapid...
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...