Master the Rising Wedge Pattern for Successful Forex Trading
Introduction In the world of Forex trading, success often hinges on a trader's ability to recognize and interpret key patterns and signals. One such pattern that has captured the attention of traders worldwide is the "Rising Wedge Pattern." This pattern,…
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NZD/USD rises through the 100-DMA and reaches a two-month high.
The NZD/USD pair maintains its strong upward trend this week and gains momentum for the fifth straight day on Friday. During the early European session, the momentum drives spot prices to a level above a two-month high, in the 0.6465–0.6470…
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4 Global Market Updates- 12 August, 2022
In this article, we have covered the highlights of global market news about the XAU/USD, EUR/GBP, AUD/USD and GBP/JPY. XAU/USD on the defensive amid increasing rates, a strong USD, and tighter monetary - HSBC A resolute Fed tightening program and a strong USD remain…
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NZD/USD lacks follow-through selling below 0.6300
NZD/USD is still trading in a defensive position below the 0.6300 line, and there is a lack of follow-through selling. On Tuesday, the NZD/USD currency pair could not capitalize on the bullish rise that occurred the previous day, and there…
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4 Global Market Updates- 9 August, 2022
In this article, we have covered the highlights of global market news about the US Dollar Index, XAU/USD, EUR/USD and GBP/USD. The US Dollar Index is now trading in the low 106.00s. The US Dollar Index (DXY), which compares the value of the dollar…
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