Date: 11th June 2024. Market News – Inflation reports dominates! Financial Markets Performance: * The USDIndex has caught a bid with the push back to rate cut expectations. It closed at 105.150, back with a 105 handle for the first time since May...
GBP/USD technical analysis It has been a bearish week for the pair, with the price starting within a price triangle formed by two channels. The ascending blue channel represents price movement over the previous two weeks, characterized by an upward...
Introduction to Mind Over Money in Forex Trading Forex trading, with its potential for high returns, attracts many participants. However, the psychological aspect of trading is often underestimated. Success in forex trading is not just about...
Gold: Gold (XAU/USD) has shown strong movement in the market recently, and understanding its potential resistance and support levels is crucial for traders. Let's break down the significant barriers and targets for XAU/USD. Firstly, we need to focus...
Trading Wisdom: EUR/USD Prices The analysis of the EUR/USD currency pair's price behavior is currently under discussion. Based on my review of the CME reports from yesterday, there was significant activity within a range of 1.0800 to 1.07330. As we...