Day Trading Currency Market: A Complete Guide
The idea of making money within the same day attracts people to trading like nothing else. Many imagine quick profits, fast decisions, and freedom from long-term commitments. This attraction is strongest in the day trading currency market, where prices move constantly, and opportunities appear every hour. Day trading currency market attracts people because they promise […]
Australian Dollar strengthens on upbeat employment data; US Dollar holds steady
The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Thursday after Australia’s latest employment report significantly outperformed expectations, reinforcing the case for a tighter monetary stance from the Reserve Bank of Australia (RBA). According to data released by the Australian Bureau of Statistics (ABS), Employment Change surged by 65.2K in December, […]
EUR/USD Price Forecast: Probes 1.1700 resistance after EMA bounce
EUR/USD ticks higher after posting mild losses in the prior session, hovering near the 1.1700 mark during early Asian trade on Thursday. From a technical standpoint, the daily chart still shows the pair trading within a descending channel, pointing to a prevailing bearish undertone. The pair is holding marginally above the 50-day Exponential Moving Average […]