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New Zealand Dollar weakens to near 0.5950 despite hotter Chinese CPI inflation data | FXStreet
The NZD/USD pair trades in negative territory near 0.5950 during the early Asian trading hours on Monday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after the release of the Chinese inflation report. The US Existing Home Sales data for April is due later on Monday. Data released by the National Bureau…
AUDNZD Short Term Forecast Update And Follow Up
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! AUDNZD short term forecast update and follow up is here. On September 19th, 2024 I shared this “AUDNZD Technical Analysis And Short Term Forecast” post in our blog. In this post, let’s do a…
The Relationship Between Forex Trading and the Days of the Week
The Relationship Between Forex Trading and the Days of the Week Forex trading, one of the largest and most dynamic markets in the world, is active 24 hours a day, five days a week. However, not all trading days are equal. Each day of the week presents distinct opportunities and challenges for traders, shaped by…
What Is Tokenized Gold and Should You Trade It? – Edge-Forex
Tokenized gold is gaining traction in the world of digital assets. But what exactly is tokenized gold, and why are investors turning to it? More importantly, should you trade tokenized gold in 2025? Tokenized gold refers to a digital representation of physical gold. Each token is backed by a specific quantity of gold stored in…
Buyers are still in Control on Renminbi (USDCNH) – Forex Market Analysis – ForexCycle.com
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 high in September 2019. After these 3 swings, USDCNH…
Is Silver in a Bubble? What the Data Says – Edge-Forex
Calling any market a “bubble” is tempting when prices go vertical. Silver is a prime candidate right now because it can move fast, it attracts retail speculation, and it sits at the intersection of “safe haven” and “industrial metal.” The honest answer is that silver shows some bubble-like symptoms, but the fundamentals also provide real…
