Tag: Currency Trading Strategies

Foreign exchange trading is a risky endeavor that may not be suitable for everyone. It is important to be aware of the high level of risk involved, especially when using leverage. Before diving into...

The GBP/USD pair saw a decline from 1.3433 last week, dropping to 1.2842 before bouncing back. The outlook for this week is uncertain, with a neutral bias for potential consolidations initially. However, a further...

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...