European currency continues falling against the USD. Investors have been selling the pair for the fourth week in a row without making any significant pauses.
We are now trading at a fresh 52-week high on the old U.S. Dollar Index. All indications are that the dollar is headed higher.
Gold ordinarily goes for a premium in anticipation of Diwali, but this year many retailers reported trying to attract customers by offering discounts.
Yesterday, we wrote that EUR/USD invalidated the earlier breakdown under the upper line of the orange declining trend channel. Taking this positive development into account and combining it with th...
Major economic factors that affect the forex exchange market.
The EUR/USD pair’s recent rebounds have been followed by pullbacks that have pushed it below the previous low and judging by the current trendline, this is going to happen again.
Today, the largest investors are banks, corporations, insurance companies, etc. But, due to technology development, Forex trading became available to "mortals."
Any signs of trade tensions easing will produce the necessary catalyst for a rebound in U.S. stocks.
A forex signal contains figures for entering a concrete trade on a currency pair and comes with a determined time and price.
Forex signals carry a high level of risk and should be applied cautiously. Below we will review the pros & cons too trading signals.
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