ECB’s steps fail to boost Euro

In a welcome news with a kick start at the beginning of the month, Ursula Von der Leyen,  AstraZeneca will start deliveries of its COVID-19 vaccines one week earlier than expected. The Chief of the EU also added that the Anglo-Swedish pharma company will deliver nine million more doses of its vaccine to the Union [...]

What is mean by Indicator based trading in Forex?

Indicator based trading is a method of trading using technical analysis indicators that help identify market analytics. An indicator handles price data using a mathematical formula. Technical analysis indicators are preferred by some traders because they believe that these indicators allow them to predict exactly what the market will do and where it will go. [...]

AUD/USD Weekly Forecast (01st February 2021 – 05th February 2021)

Fundamental view: The Australian dollar initially fell during the course of the week but has turned around to show signs of strength again. The Australian currency was weighed by a sour sentiment that sent equities down. The poor sentiment was partially triggered by soft data indicating slow economic progress within the pandemic scenario, but also by an [...]