Basic research in forex trading involves analyzing economic, financial and other qualitative and quantitative factors that affect the value of a currency This analysis aims to determine the intrinsic value of a currency, the future price movement...
Technical Analysis of New Zealand Dollar/ US Dollar Last trading week, the New Zealand dollar managed to extend its upside after forming strong support at 0.6082, bouncing off that level before hitting another extreme around 0.6198. This allows him...
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EUR/JPY/H1 The EUR/JPY currency pair has been showing a notable upward trend in recent trading sessions, creating a potentially lucrative opportunity for market participants. This currency pair, which represents the exchange rate between the euro...
USD/ CADrice Action We are evaluating the current price action dynamics of the USD/ CAD currency pair. Last week, the Bank of Canada lowered the discount rate, leading to an expected USD/CAD exchange rate drop. However, the weakening of the Canadian...