The EURUSD currency pair has been on a downward trend recently, falling -1.57% from its peak to trough over the last few days. This decline is being attributed to a number of factors, including the EU parliamentary elections and the upcoming...
Investors disappointed as no U.S. rate cut expected Wall Street stocks ended slightly lower on Friday amid turbulence after strong U.S. jobs data confirmed the resilience of the economy but also raised concerns that the Federal Reserve may keep...
GBP/USD Trading Analysis Greetings and Good Morning to Everyone! Today, the UK Claimant Count Changes and Average Earnings Index will bring changes and volatility in the market of GBP/USD. These economic indicators are pivotal, as they provide...
The US dollar (USD) gained strength against the Swiss franc (CHF) on Monday as expectations for a Federal Reserve interest rate cut in September weakened. Strong labor market data in the US has led investors to believe that the Fed will keep...
WHAT IS PRICE ACTION IN FOREX Price action in Forex refers to the movement of a currency pair's price, which is the basis for trading decisions in the price action trading strategy ¹ ² ³ ⁴. It involves analyzing market price movements, recognizing...