The EUR/USD currency pair experienced notable volatility last week. On Friday, it hit a six-week low, dropping to 1.0680. However, during the US market session, it managed a modest recovery, closing the trading week slightly above the 1.0730 level....
The NZD/USD currency pair has been locked in a tense battle between buyers and sellers. After falling to 0.6115, the pair bounced back and is currently hovering around its 20-day moving average at 0.6140. Neither side has been able to decisively...
EUR/USD/D1 The euro extended its decline against the dollar for a third consecutive day, reflecting anxieties in the market following the volatile European Union parliamentary elections. Voters across the bloc displayed a strong preference for...
A trading strategy in Forex is a systematic plan that traders use to determine when to buy or sell a currency pair. This plan is based on predefined rules and criteria designed to achieve profitable trading outcomes. Trading strategies can be simple...
The Canadian dollar ended the week with a mixed performance. It clawed back some ground against most major currencies but showed only a minimal gain against the US dollar. This mirrored the overall cautious mood in the markets on Friday. Earlier...