NZD/USD Eyes 0.5670 Amid Mild Downward Pressure – OCBC
The New Zealand Dollar (NZD) remains under mild downward pressure and could potentially test the 0.5670 level next, according to FX analysts Quek Ser Leang and Peter Chia from UOB Group.…
Category: Forex Basics
Pound Slides as UK Faces Higher Borrowing Costs, Traders Eye BoE Policy
The Pound Sterling (GBP) weakened further on Tuesday, sliding toward 1.3070 against the US Dollar (USD), as traders grew cautious…
AUD/USD Slips Toward 0.6500 as RBA Holds Rates Steady
The Australian Dollar (AUD) fell sharply on Tuesday, sliding to near 0.6500 against the US Dollar (USD) following the Reserve…
USD/JPY Retreats to 153.25 as Yen Gains on Intervention Warning
The US Dollar (USD) weakened against the Japanese Yen (JPY) on Tuesday, retreating from the 154.45 resistance level to test…
USD/CNH Could Test 7.1370 Amid Mild Upward Momentum – UOB Group
The US Dollar (USD) is showing mild upward pressure against the Chinese Yuan (CNH), with the potential to test the…
TRY Struggles as Inflation Remains Stubborn – Commerzbank
The Turkish Lira (TRY) remained under pressure after October’s Consumer Price Index (CPI) data showed only a marginal easing, with…
Mastering Forex: How to Manage Risk and Protect Your Capital
Trading Forex can be exciting and profitable—but it can also be risky. Many traders focus solely on picking the right…
Trading Psychology: Mastering Your Emotions in Forex
Forex trading isn’t just about charts, indicators, or strategies—it’s mostly about your mind. One of the biggest challenges traders face…
Top 10 Tips for Emotional Control in Forex: Trade Calm, Trade Smart
Trading in the Forex market can be exciting—but also emotionally challenging. Greed, fear, frustration, and impatience can easily derail even…
Visual Guide to Stop Loss and Take Profit: Protect Your Trades, Maximize Gains
In Forex trading, managing risk is just as important as spotting opportunities. Two of the most powerful tools in a…