Regarding the euro, the inflation outlook in the Eurozone is uncertain, and the European Central Bank (ECB) is not expected to shift its tightening policy quickly. On Tuesday (February 28th), the French CPI annual rate was recorded at 6.2%, higher than the expected 6.1% and the previous value of 6.0%; this indicates that there is a risk of a rebound in Eurozone...
Previously, when GBPUSD touched 1.19250, we emphasized that there was strong support at that level, and there was a demand for a rebound. The consecutive two rallies were both quick rebounds after testing the support, but the sustainability of the upward trend was weak, and there was a subsequent decline after being under pressure.
However, when the market...
After a prolonged downward trend, AUDUSD has returned to a stable market, showing signs of bottoming out. I plan to initiate a light long position on AUDUSD, adding on dips, and will reap a decent profit if a bottom forms.
My personal trade recommendation: Enter a long position near 0.67000-0.67050, with the first profit target at 0.67800, second at 0.68500, and...
Hii its Lesedi, just wanted to share my thoughts on Gold, just a 16 year old boy trying to make it big, hope i would be able to enrich the community. ❤️✊🏿
CADCHF Sell trade opportunities
CADCHF overall Sell trend its recently reverse from Major support and is currently in consolidation if the market breakout the short support as we mention on the chart then the market will be the next target
Please write any advice or suggestions.
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Great British Pound vs Japanese Yen GBPJPY
Hello, friends!💋
What we can expect from the Euro / Dollar in the near future?🧐
✍🏻Write your thoughts and share your opinion in the comments!🙏🏻
I have refrained from Forex trading so far 🤷🏻♀️. It has been moving very unpredictably lately.🙄
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