The world of forex trading can be a complex and ever-changing landscape, with a multitude of factors influencing the value of currencies and the direction of the market. In order to navigate this terrain successfully, it is essential to stay up-to-date with the latest trends and analysis from experts in the field.<\/p>\n
One such expert is Gregor Horvat, whose analysis is regularly featured on the Orbex Forex Trading Blog. Horvat is a seasoned trader with over a decade of experience in the industry, and his insights are highly respected by traders around the world.<\/p>\n
In his recent analysis, Horvat focuses on several key currency pairs and indices that are currently experiencing significant movement in the market. These include the DXY (US Dollar Index), EURUSD (Euro\/US Dollar), AUDUSD (Australian Dollar\/US Dollar), USDCNH (US Dollar\/Chinese Yuan), USDJPY (US Dollar\/Japanese Yen), and DAX (German stock index).<\/p>\n
One of the main themes that emerges from Horvat’s analysis is the ongoing strength of the US dollar. Despite some recent volatility, the DXY has remained relatively stable and is currently trading at around 92.50. Horvat notes that this is likely due to a combination of factors, including the ongoing pandemic and geopolitical tensions.<\/p>\n
However, Horvat also points out that there are some potential risks to the US dollar’s strength in the near future. For example, if the Federal Reserve decides to cut interest rates or if there is a significant shift in global economic conditions, this could lead to a weakening of the currency.<\/p>\n
In terms of specific currency pairs, Horvat notes that the EURUSD has been trading in a relatively narrow range between 1.17 and 1.20 for several months now. He suggests that this could be due to a lack of clear direction from either the European Central Bank or the Federal Reserve.<\/p>\n
Similarly, the AUDUSD has been trading in a range between 0.72 and 0.78 for much of the year. Horvat notes that this pair is heavily influenced by commodity prices, particularly those of iron ore and copper, which are major exports for Australia.<\/p>\n
The USDCNH, meanwhile, has been experiencing some volatility due to tensions between the US and China. Horvat notes that this pair is likely to remain sensitive to geopolitical developments in the coming months.<\/p>\n
Finally, Horvat also provides analysis on the USDJPY and DAX, both of which have been experiencing some significant movement in recent weeks. The USDJPY has been trading in a range between 105 and 110, while the DAX has seen some sharp declines due to concerns about the impact of the pandemic on the German economy.<\/p>\n
Overall, Horvat’s analysis provides valuable insights into the current state of the forex market and the factors that are driving currency movements. By staying up-to-date with this information, traders can make more informed decisions and increase their chances of success in this challenging but rewarding field.<\/p>\n
The world of forex trading can be a complex and ever-changing landscape, with a multitude of factors influencing the value of currencies and the direction of the market. In order to navigate this terrain successfully, it is essential to stay up-to-date with the latest trends and analysis from experts in the field. One such expert […]<\/p>\n","protected":false},"author":2,"featured_media":2527026,"menu_order":0,"template":"Default","format":"standard","meta":[],"aiwire-tag":[5674,14,11,17,1311,18,20,2162,5976,790,5305,5472,954,23,368,853,2776,27,444,29,219,2552,2553,797,3159,4145,448,144,33,10686,24856,729,685,652,11312,227,1188,1189,24768,980,6063,284,2458,1860,3225,593,7866,989,2018,3395,2570,24613,804,687,24754,1195,3344,1196,1785,10342,379,459,24628,11202,1613,163,5178,877,461,13194,2199,5858,1007,1008,381,3652,50,1619,24606,51,54,6780,7909,1222,55,3688,3148,168,57,749,389,170,1230,58,7193,23186,605,606,3261,1038,5152,477,8331,60,61,887,1047,2224,1239,692,65,176,177,178,68,6102,7242,296,69,2098,6207,1664,11792,5773,822,2742,9438,6052,486,75,78,895,823,1863,1259,185,4572,4942,2241,2102,5,10,7,8,2607,82,700,11267,1272,88,191,2109,302,5967,2753,491,3294,1106,3838,6396,705,496,5065,97,4993,1285,5201,2270,99,837,1118,3184,1993,777,4040,1710,5297,101,102,3310,103,2631,24641,2290,18792,108,109,1126,360,110,2385,305,207,111,7096,2763,2694,641,6417,916,4380,24621,1834,1730,2874,9,1304,123,125,362,1308,24624,4384,6],"aiwire":[29811],"_links":{"self":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2544356"}],"collection":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire"}],"about":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/types\/platowire"}],"author":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":0,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2544356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media\/2527026"}],"wp:attachment":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media?parent=2544356"}],"wp:term":[{"taxonomy":"aiwire-tag","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire-tag?post=2544356"},{"taxonomy":"aiwire","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire?post=2544356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}