Tag: trading trends
NZD/USD Price Analysis: Bears Pause with Clear Dominance
In the trading world, the NZD/USD pair has shown some signs of a slight rebound recently, settling near the 0.5900 mark after facing a strong bearish influence. Despite this small bounce, the pair had...
Technical Analysis of Major Currency Pairs for the Upcoming Trading Week
Foreign exchange trading can be a risky venture, not suitable for all investors. It's important to be aware of the risks involved, especially with leverage, which can increase the potential for loss. Before diving...
Eurostoxx Futures Drop 0.5% in Early European Trading
Foreign exchange trading is a high-risk activity that may not be suitable for all investors. It is important to understand the risks involved, especially when using leverage, which can increase the potential for loss....
GBP/USD Extends Winning Streak After NFP Report
GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the market, leading to increased optimism among investors. This surge in...
Gold Price Consolidates Ahead of US NFP Data – Market Update
Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...
EUR/USD Rebounds Strongly on Improved Market Sentiment
The EUR/USD pair bounced back strongly from a weekly low of 1.0670 in Monday's European session as the demand for risky assets increased. This was fueled by speculations that the Federal Reserve (Fed) might...