EUR/USD faces pressure as US Dollar ticks higher, US-UK trade deal in focus
EUR/USD edges down below 1.1300 as the US Dollar strengthens after the Fed said it is in no rush to cut interest rates. US President Trump is set to unveil…
Forex Market Overview for May 08, 2025
The global forex market today is experiencing heightened volatility as a series of key developments, including economic data releases, central bank policy statements, and geopolitical tensions, continue to shape the…
Intraday Trading Strategy for GBP/USD – May 8, 2025
Market Overview As of May 8, 2025, GBP/USD is trading near 1.3300, reflecting a bullish trend driven by expectations of a Bank of England (BoE) rate cut and a weakening…
Forex Market Overview – May 6, 2025
On May 6, 2025, the global forex market exhibited notable volatility, influenced by a combination of economic data releases, central bank communications, and geopolitical developments. The U.S. dollar experienced fluctuations…
Intraday Trading Strategy for GBP/USD – May 6, 2025
As of May 6, 2025, the GBP/USD pair is exhibiting bullish momentum, trading near recent highs. Below is a comprehensive intraday trading strategy, incorporating key technical levels, potential entry and…
Pound Sterling trades mixed amid holiday in UK markets, Fed-BoE policy in focus
The Pound Sterling ticks higher against the US Dollar at the start of Fed-BoE monetary policy announcements on Wednesday and Thursday. The Fed is expected to leave interest rates steady,…
Daily Forex Market Overview – May 05, 2025
Market Sentiment Forex markets opened the week cautiously as traders awaited key economic data from the U.S. and Europe. Thin liquidity was observed during the early Asian session due to…
Intraday Trading Strategy for EUR/USD – May 5, 2025
Timeframe: 15-minute or 5-minute chartTrading Sessions: London and New York overlap (8 AM – 12 PM EST)Indicators Used: 20 EMA (Exponential Moving Average) 50 EMA RSI (Relative Strength Index) –…
EUR/USD Climbs Back Over 1.1300 With Eurozone CPI, US NFP in Focus
EUR/USD ticks up as traders adjust positions ahead of key Eurozone and US economic data releases. The preliminary Eurozone PMI data could impact the Euro before the highly anticipated US…
Intraday Trading Strategy for USD/CHF – May 2, 2025
Overview of USD/CHF As of May 2, 2025, the USD/CHF currency pair is exhibiting a bearish trend, influenced by global economic uncertainties and central bank policies. The pair is trading…
