Certain scheduled economic events and reports occur on a monthly basis and can significantly impact forex market prices. We should look our for them and trade very carefully during these times. 1. Non-Farm Payrolls (NFP) - USA Timing: First Friday...
The NZDUSD experienced a challenging trading session on Friday, depreciating by 0.14% against the US Dollar to close at 0.5760. This downward movement reflects a persistent struggle for the NZD to gain traction, failing to overcome the resistance...
The CHFSGD currency pair has been rallying for the past four days, after failing to continue its decline towards a nearby demand area. The price has bounced back from a new demand area on the daily time frame, ranging from 1.5115 to 1.5040. This...
Market Overview: Navigating Bitcoin’s Movements Greetings, traders! Welcome to Interlock's Trading Journal. How are you today? I hope you’re doing well and reaping the rewards of my Bitcoin analysis. Yesterday, Bitcoin tested the 96,300 level before...
The EUR/GBP currency pair saw a surge in early European trading on Friday, driven primarily by weaker-than-expected UK retail sales data. The Office for National Statistics reported a disappointing 0.2% increase in retail sales for November, falling...
