April 24 2023 🕓 3 min
EUR/USD jumps above 1.10 after hawkish comments – will it hold?
Third time could be the charm for euro bulls as the single currency is trying to stay above the 1.10 level for the third time this year.
Tag: forex
April 23 2023 🕓 6 min
How to read live forex trading charts
This article discussed the various varieties of forex charts and their variations. It also provided some analysis strategies for forex charts.
April 22 2023 🕓 15 min
Four simplest forex trading strategies to make steady income
Around 80% of traders fail because they overcomplicate the trading process. Discover the 4 simplest trading strategies for each trading style.
April 21 2023 🕓 5 min
Stocks turned red for the week after more than a month of gains
The week is headed to a red close as the first quarter earnings deliver mixed results. Stocks are in the red after more than a month of gains.
April 21 2023 🕓 4 min
GBP/JPY tests short-term support – will bulls defend the uptrend?
The negative sentiment dragged the risk-sensitive GBP/JPY cross lower today, with bulls trying to defend meaningful short-term support.
April 20 2023 🕓 3 min
Fresh recession fears and Fed hike worries make for a red day
Fed officials expressed, again, that the central bank has still much work to battle inflation, however, the peak rate seems to be close.
April 20 2023 🕓 3 min
EUR/GBP ignores recent data dump – sideways trading continues
The lull will likely continue in the EUR/GBP cross until the price breaks from the multi-month sideways trading range.
April 19 2023 🕓 3 min
Stocks end flat as earnings season hightens volatility
Mixed Q1 results resulted in a flat day for the stocks. The dollar pulled in some gains, despite the sterling increasing.
April 19 2023 🕓 3 min
GBP/USD stays near cycle highs after UK inflation data
Inflation is not slowing as fast as expected, putting pressure on the Bank of England to continue raising rates.
April 18 2023 🕓 4 min
Tuesday on Wall Street meets a flat end
Tuesday has been marked by not only Q1 results from bank giants but also positive reports from China. The market reacted with zero change.
April 18 2023 🕓 4 min
AUD/USD cheers today’s hawkish RBA minutes, jumps 0.5%
Sentiment improved Tuesday, sending the USD down and helping the Australian dollar to book solid gains.
April 17 2023 🕓 3 min
Dollar index defends previous lows – double bottom formation in play?
If the technical setup is any indication of future's trading, we could see a stronger US dollar rally over the next days.