Tag: Currency pairs

Are you curious about what are currency pairs and how do they work in the exciting world of forex trading? If you've ever wondered how traders make money by exchanging one currency for another,...

What Is Traded in the Forex Market? Discover Powerful Insights! If you’ve ever wondered what exactly is traded in the forex market, you’re not alone. The world of forex trading is vast, dynamic, and...

How do Central Bank Announcements affect currency pairs in ways that most traders never expect? If you’ve been wondering why your forex trades sometimes swing wildly after economic news, you’re not alone. This article...

Last week, the NASDAQ 100 Index rebounded from its 200-day moving average, showing positive growth. The S&P 500 also saw marginal gains, indicating a lack of rotation from tech to value stocks. However, the...

The NZD/JPY pair continues to show a bearish trend, breaking through important support levels with consistent negative movements. The possibility of a turnaround depends on a significant drop in the Relative Strength Index (RSI)...

The EUR/USD pair experienced a dip to 1.0825 last week but has since been moving sideways. The initial bias for this week remains neutral, with a further fall likely as long as the minor...

EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer look at the technical analysis for these currency pairs.EUR/USD Technical...

The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected to maintain the Loan Prime Rate (LPR) at 3.45% for...

Deutsche Bank's George Saravelos recently shared his insights on the potential impact of a Trump presidency and China tariffs on the EUR/USD parity. In a conversation with Bloomberg TV, Saravelos emphasized the repercussions of...

The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data released on Friday. This has led to speculation that the...

The Australian Dollar (AUD) and the New Zealand Dollar (NZD) are both showing signs of potential growth against the US Dollar (USD) in the forex market. Let's take a closer look at the technical...

USD/CAD has experienced a recent decline after facing resistance at the 1.3750 level. The pair broke below a significant bullish trend line with support at 1.3670 on the 4-hour chart. This movement indicates a...

The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According to fresh ADP estimates, only 150,000 jobs were created in...

This week in the forex market, there are several key events and data releases to keep an eye on. On Monday, we have important data coming out of China, Switzerland, and the US, including...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware that leverage can increase the level of risk and potential loss. Before engaging...

The week ended on a soft note for US equities, with key events and releases to watch in the upcoming week. Gold saw a short-lived rally before falling $40. MUFG predicts that the BOJ...