EUR/USD Pair Technical Analysis: Stuck Below 1.1800
The EUR/USD pair does not seem to go above the level of 1.1800 and on early Wednesday in Asia, it sank to a new weekly low near 1.1740 as the US Dollar caught some strength. What’s odd is that this happened even though the FOMC Minutes still point to more rate cuts ahead. Right now, […]
Gold Prices Gain Momentum as Rate Cut Hopes Build
Gold prices are on a positive spree now. Early Wednesday in Europe, XAU/USD jumped above $4,350—a fresh high in a year that’s already seen gold soar 65%. If things keep going like this, we’re looking at the strongest annual run since 1979. What’s behind it? A big part comes down to growing bets that the […]
Dollar Index Gets a Lift as Fed Hints at Slowing Down
The US Dollar Index (DXY) inched up on Wednesday, hanging out near 98.50 as traders digested the latest word from the Fed. During Asian hours, the dollar kept climbing for a second day—people are jumping back in after Fed officials signalled they want to take things slow on further easing. The minutes from December’s meeting […]
Day Trading Forex for Beginners: Top Strategies Explained
Day trading often looks thrilling from the outside. Fast charts, quick decisions, and the idea of closing trades the same day sound exciting. For many newcomers, the forex market adds another layer of attraction because it stays active almost all the time. Prices move constantly, opportunities appear frequently, and access feels easy. However, without understanding […]