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Month: January 2024

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  • EURUSD on Monday dropped -0.14% to 1.08804. Pair in consolidation. What we know.

EURUSD on Monday dropped -0.14% to 1.08804. Pair in consolidation. What we know.

Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Monday Period Pct Chg Momentum Monday -0.14%…

EUR/JPY Price Analysis: The first upside barrier is seen at 161.60

EUR/JPY gains ground near 161.48 ahead of the Bank of Japan’s (BoJ) key event. The bullish outlook of the cross remains intact above the key EMA; RSI indicator stands in…

Importance of Understanding the Basic Knowledge of Forex Trading

Forex trading is not an easy task – if you want to become a successful trader, you have to all basic things deeply. So, this why the post for you…

EURUSD on Friday rose 0.19% to 1.08970. Week ending 2024-01-19 moved lower by -0.47%. What you need to know.

Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance Period Pct Chg Momentum Friday 0.19% 20.8 Pips…

Importance of Reading Forex Charts for Dummies

A forex chart is a value diagram showing the historical cost and volume information on at least one currency pair. A forex chart, subsequently, graphically portrays the verifiable conduct of…

EURUSD on Thursday dropped -0.04% to 1.08784. Pair in consolidation. What we know.

Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Thursday Period Pct Chg Momentum Thursday -0.04%…

EUR/USD Price Analysis: Builds on overnight recovery from 200-day SMA, bearish bias remains

EUR/USD attracts buyers for the second straight day and moves away from over a one-month low. The setup favours bear and supports prospects for the emergence of fresh selling at…

3 Benefits of Forex Trading That Make It Suitable for Debt Reduction

The forex market is the largest financial market in the world. This provides you with infinite liquidity when it comes to trading and also adequate flexibility. In this market, you…

Australian Dollar moves on a downward trajectory ahead of US Retail Sales data

Australian Dollar faced challenges on improved US Dollar amid market caution. Australian central bank is expected to refrain from increasing interest rates, influenced by lower consumer confidence in January. The…

Top 5 Advantages of Forex Trading

Compared to other markets, the foreign exchange market has a number of advantages, which is exactly what we are going to discuss in this post. Indeed, Forex is the most…