Forex

The British pound started off strong in trading on Tuesday, breaking above the important ¥200 level. However, it has since given back some of those gains, indicating that there…
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EUR/GBP has recently reached a key downside target after breaking out of a range. The Relative Strength Index indicates that the pair is oversold, suggesting a bearish trend in the…
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USD/CHF is trading sideways around 0.8970 as traders await the Fed's interest rate decision. The Swiss Franc is gaining strength due to the SNB's hawkish stance. The CME FedWatch…
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The NZD/USD pair is seeing a slight decline as traders show preference for the US Dollar ahead of the Federal Reserve's interest rate decision and the release of US inflation data…
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The EUR/JPY pair dropped to 168.50 due to political uncertainty in the Eurozone. French President Macron called for a snap election after Far-right party led by Bardella gained…
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The US Dollar is currently on the rise against the Japanese Yen, with important events like the FOMC meeting and CPI numbers in America looming ahead. The market is expected to…
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In the latest episode of "Trading the trend," Axel Rudolph reviews past trading outcomes and discusses the importance of setting stop-loss levels. Despite a poor entry, a long…
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The Australian Dollar versus the US Dollar has been experiencing some back and forth movement in the early hours of Wednesday. Traders are keeping an eye on the upcoming CPI…
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The Energy Information Administration (EIA) has updated its demand growth forecasts, projecting a more positive outlook. This was supported by a larger-than-expected drop in US…
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The EUR/USD pair bounced back to 1.0830 following a weaker-than-expected US Inflation report. This has raised expectations of a Fed rate cut in the upcoming September meeting. On…
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