The case for a stronger USD is more compelling against the low-yielding G10 currencies of the EUR, CHF and JPY where market participants are more comfortable that their central banks ...

USD/JPY Update for Oct 22, 2021

by Seerat Fayaz · October 22, 2021 ·

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The USD/JPY continued its modest gains from the previous day into the start of European trading, although it lacked punch, and was last seen trading around the 114.00 level. The pair ...

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What is RSI Indicator?

by Seerat Fayaz · October 21, 2021 ·

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What is the Relative Strength Index (RSI)?The Relative Strength Index is a momentum indicator is used in technical analysis. It measures the magnitude of recent price changes to assess overbought ...

EURUSD Update For Oct 21st 2021

by Seerat Fayaz · October 21, 2021 ·

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Price EURUSD at the time of writing this - 1.1655 Price EURUSD at the time of writing this – 1.1655The return of the Euro from 1.1617 to 1.1658 yesterday suggests that ...

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Purpose of Moving Averages

by Seerat Fayaz · October 20, 2021 ·

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The foreign exchange market, or forex for short, is a dynamic environment where precision reigns supreme. To navigate the intricate web of currency movements, traders rely on a diverse arsenal ...

AUD/USD update for October 20th, 2021

by Seerat Fayaz · October 20, 2021 ·

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The Australian dollar has resumed its recovery against the US dollar. AUD/USD has risen to 0.7471, up 0.80% on the day. The pair is at its highest level over last ...

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Gold Making Fresh Gains

by Seerat Fayaz · October 19, 2021 ·

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Gold prices bring in some new gains over $ 1,770 amid recent pullbacks on the greenback. The US Treasury yields dipped a bit to trade at 1.57% with a loss ...

Important EUR/USD update for October 19th, 2021

by Seerat Fayaz · October 19, 2021 ·

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EUR/USD is trading near 1.1650, trading at its three-week high. The pair is benefiting from risk sentiment, which is causing the decline in the US dollar. The EUR/USD daily chart shows ...

Bitcoin Soars To Its 6-Month High Before US Futures ETF Debut

by Seerat Fayaz · October 18, 2021 ·

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Bitcoin moved near six-month highs on Monday in anticipation of the listing of the first futures-based bitcoin exchange-traded fund (ETF) in the United States, which investors are looking forward to ...

Forex Trading: WHAT IS FOREX?

by Seerat Fayaz · October 18, 2021 ·

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Forex trading is a term used to describe people involved in the effective exchange of foreign currency, usually for the purpose of profit or financial gain. That could take the ...