GBP/USD clings to near 1.2550 ahead of Unemployment Rate
GBP/USD holds its position around the major level of 1.2550 due to improved risk sentiment. Unemployment Rate (3M) is expected to show an increase in unemployed workers. Fed Vice Chair…
Why focusing on broken ATM trades improves your trade outcomes
The arch-nemesis of the directional trader? Efficiency. Periods when all known information is reflected in the price. It’s unlikely price will move meaningfully to profit from. The trouble is, without…
EURUSD on Monday rose 0.2% to 1.07908. 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 0.2%…
What is fiat money and why is it a problem?
If you follow alternative financial media, you’ll often hear dollars derisively referred to as “fiat currency.” What exactly does this term mean and why is it often used as a…
NZD/USD drops to near 0.6000 after the release of the softer Kiwi data
NZD/USD has depreciated as the softer Inflation Expectations (Q2) fueled speculation that the RBNZ may lower rates in 2024. The Kiwi Business NZ PSI fell to 47.1 in April, its…
EURUSD on Friday dropped -0.1% to 1.07694. Week ending 2024-05-10 rose 0.08%. What happened.
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 -0.1% -11.3 Pips…
EUR/USD Price Analysis: The crucial resistance level will emerge at the 1.0790–1.0800 region
EUR/USD weakens to 1.0775 on the firmer USD on Friday. The pair keeps the bearish vibe below the key EMA on the daily timeframe. The key resistance level will emerge…
Hodling cryptocurrencies: Diving into crypto HODLers
Being an investor is not easy and if you’re an investor in crypto assets then it has all that it takes to be a patient one. You see prices oscillating…
EURUSD on Thursday rose 0.35% to 1.07850. How it happened.
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 0.35%…
NZD/USD inches higher to near 0.6000 after Chinese Trade data
NZD/USD gains ground after Chinese import shows rise in April. RBNZ indicated a delay in any potential rate cut until 2025. The higher US Treasury yields are contributing support for…
