I like to keep an eye on EUR/USD because when it’s trending upwards, I often notice that other major pairs like GBP/USD, AUD/USD, and even USD/JPY tend to follow the same direction. It's like EUR/USD has a certain influence on other pairs, so once I’ve analyzed it, I don’t need to dive too deep into others. It simplifies my approach and saves time while keeping me in sync with the market.
Breakout strategy with AUD/USD. This currency pair has been reacting to commodity price movement, especially gold and oil. Not a trading advice ohhh lol, analysis from what i have observed. Trade wisely friends.
I like to keep an eye on EUR/USD because when it’s trending upwards, I often notice that other major pairs like GBP/USD, AUD/USD, and even USD/JPY tend to follow the same direction. It's like EUR/USD has a certain influence on other pairs, so once I’ve analyzed it, I don’t need to dive too deep into others. It simplifies my approach and saves time while keeping me in sync with the market.
Breakout strategy with AUD/USD. This currency pair has been reacting to commodity price movement, especially gold and oil. Not a trading advice ohhh lol, analysis from what i have observed. Trade wisely friends.
USD/JPY are both showing strong trends, with USD strengthening against major currencies.