Tag: Currency Trading Strategies

AUD/USD is starting the week on shaky ground, trading at its lowest levels in over five weeks in the mid-0.66s. This week's economic calendar is relatively light on both local and international fronts. However,...

Forex Market Update: Dollar Holds Steady, Yen Weakens, Sterling StrengthensLast week, the US Dollar closed on a slightly weaker note following the Federal Reserve's decision to cut interest rates by 50 basis points. While...

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USD/JPY Surges as Market Awaits BoJ Policy ShiftThe USD/JPY pair experienced a slight uptick, reaching 145.95 on Wednesday morning, marking a recovery from two-week lows. Although this movement is a positive sign, it may...

EUR/USD Surges to One-Year High Amid US Employment ConcernsThe EUR/USD currency pair has reached a one-year high as concerns over the US employment situation continue to weigh on the dollar. This surge in the...

The US Dollar Hits Session Lows in Forex TradingThe US dollar has experienced a significant drop in value during recent forex trading sessions. This decline has caught the attention of investors and traders alike,...

The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral at first. Although a deeper retreat is possible, the downside...

GBP/USD has started a fresh decline from the 1.2860 resistance zone, indicating bearish signs below the 1.2800 support level. On the hourly chart of GBP/USD at FXOpen, there is a key bearish trend line...

The GBP/USD pair is still trading in a range and the intraday bias remains neutral at the moment. If the resistance at 1.2863 holds, there is a likelihood of further decline. A break below...