The new trading session for the USD/CAD currency pair presented a curious scene: the US dollar under pressure despite a strengthening US Dollar Index (DXY). This counterintuitive situation stemmed from two opposing forces. On one hand, the US dollar...
Yo, let's talk about the NZD/USD, my friend. This currency pair is definitely showing some bullish vibes lately. The key resistance level is chilling between 0.6153 and 0.6200, but market analysts have got their eyes on the next potential price...
Bank of America predicts gold prices to rise to $3000 per ounce over the next 12-18 months, while the precious metal retreats against the backdrop of remarks by FOMC official Michelle Bowman about the prospects of raising the federal funds rate. If...
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 British Pound is on a tear against the Japanese Yen, fueled by a broad decline in the Yen's value. This decline comes despite the Bank of Japan's (BoJ) staunch commitment to ultra-loose monetary policy. The BoJ's attempts to talk up the Yen and...