The GBP/USD pair also showed a fairly strong drop on Friday, for which there were no local reasons. Let's explain what we mean. Local causes are events and news during the day. There were practically none on Friday. In the United States, the...
Hello all, The price behavior of gold is currently a hot topic among traders and analysts. As we continue our detailed analysis of the gold market, we begin by examining the daily time frame to gain a broader perspective on recent movements....
Good morning, happy colleagues. Price movements in the previous session had a significant impact, although not perfectly as expected. However, this event provides a useful picture for directing today's trading strategy. The focus remains centered on...
4:55 GMT: Sold the USD/JPY At 4:55 GMT, I opened a sell trading position with a 0.25 lot size on USD/JPY. You can see the details of this trade in the picture below. USD/JPY | Sell | Enter @ 157.50 | Stop @ 157.69 | Take profit @ Depend on the...
ECB to devise perfect timing of cautious rate cuts Germany’s financial policymakers offered a curious metaphor for the ECB interest rates. They compared the cycle of the ECB monetary easing to descending a mountain. The key issue now is to devise...