The EUR/USD H1 chart reveals a notable upward momentum that gained strength from early March after a period of consolidation and minor pullbacks. Initially, the price moved sideways in late February, indicating market indecision, but starting around...
Economic data from both Europe and the U.S. remains relatively sparse, with market sentiment heavily influenced by the latest trade war rhetoric from U.S. President Donald Trump. Traders are particularly cautious ahead of tomorrow's release of the...
The Bank of England’s (BoE) Monetary Policy Committee (MPC) members, Catherine Mann and Swati Dhingra, are expected to advocate for a rate cut in the upcoming meetings. Both officials have pushed for a more substantial reduction of 50 basis points...
The currency pair in question is currently exhibiting bearish characteristics, as it trades below its key moving averages, which generally indicates a continuation of downward pressure. The positioning below the moving averages suggests that sellers...
Market Overview The GBP/AUD pair has shown an impressive bullish rally in recent sessions, climbing from a low of 2.03908 to a high of 2.14994 — a move of more than 1100 pips. This steep upward trend reflects strong buying pressure, possibly driven...
