Trading Analysis Update Monday – August 25, 2024 This Morning analysis will start from the daily timeframe where after seeing the price movement of the EURUSD currency pair in the last few weeks, it can be seen that the candlestick movement...
NZD/USD Fundamental Analysis: The NZD/USD pair has retreated after hitting a seven-week peak of 0.6236 on Friday. This decline is probably due to traders locking in profits after the recent rally. However, the fall may be limited due to increasing...
What is bullish rectangle chart pattern in forex trading. A bullish rectangle is a chart formation that provides valuable insights into the future direction of a financial market. Traders can identify exact entry points and use this setup to trade...
The gold market is currently navigating a complex landscape, with both bullish and bearish factors influencing its price trajectory. While prices have experienced a slight pullback, the overall trend remains positive, supported by expectations of...
On Friday, the EUR/USD pair continued to rise. This is no longer surprising to anyone. We anticipated that the dollar might strengthen a bit on Friday simply because the market had been anticipating Federal Reserve Chair Jerome Powell's speech all...