Tag: Trading strategies

news-21062024-114027

USD/NOK Rises as Norges Bank Maintains Hawkish Stance

The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
news-21062024-074141

USD/JPY Forex Analysis: Heading Towards Danger Zone

USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
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Eurozone PMI Data Causes EUR/USD Drop Below 1.0700

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of...
news-20062024-153641

NZD/JPY Price Analysis: Cross Extends Gains Above 97.00

The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross...
news-19062024-232806

FX Option Expiries Forecast for June 20 NY Cut

FX option expiries for June 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below:- EUR/USD: • 1.0600 -...
news-17062024-034024

NZDUSD Technical Analysis: Price Approaching Key Support Level

The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end...
news-16062024-144033

NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies

The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...
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Optimistic Outlook: Top Wall Street Analysts’ Picks for 3 Stocks

As Wall Street analysts continue to carefully select stocks that can withstand short-term challenges and provide long-term returns, three top picks have emerged. According...
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EUR/USD Weekly Forecast: Key Analysis and Predictions

Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This...
news-16062024-143500

Forex & Cryptocurrency Forecast: Expert Analysis & Predictions

The past week in the world of Forex and cryptocurrency trading was filled with significant events and developments that impacted the markets. Let's take...

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news-02072024-143122

XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...