Latest Forex Analysis News

How To Trade Forex Using Pivot Point?
May 04, 2020
MD Rockybul Hasan
You can trade forex using pivot point as it is very easy and effective method to make money from the forex market and used by many successful traders.
The Norwegian Krone is trading on the defensive for yet another session, taking EURNOK to fresh multi-week tops in the 10.07 area, just to recede soon afte
The US Dollar Index (DXY), which gauges the Greenback vs. a bundle of its main rivals, keeps the bid tone and moves to the 98.40 region, or weekly highs.
The euro currency has fallen to a fresh weekly low against the US dollar, completely eroding all of last Friday’s hard-earned trading gains.
The NZDUSD pair extended this week's rejection slide from the 0.6300 handle and remained under some heavy selling pressure for the third consecutive session on Thursday.
The GBPJPY cross failed to capitalize on the recent recovery move beyond the key 1.3000 psychological mark and is now set for further weakness.
The British pound has surged to its highest trading level since late-July against the US dollar as dip-buyers retain control of the pair.
The euro has seen a pick-up in selling against the greenback, as traders continue to sell any moves above the 1.1100 resistance level.
The EURGBP pair moved slightly higher in overnight trading. The pair moved from a low of 0.9027 and reached an intraday high of 0.0.9100.