Market Fundamentals: The Federal Reserve’s upcoming press conference and release of the Summary of Economic Projections, commonly referred to as the “dot-plot,” are pivotal events that will command the attention of global markets. These updates come...
Ethereum Technical Analysis Ethereum showed strong bullish momentum this morning, reaching 3220. However, the price encountered resistance at this level, which led to a pullback. Ethereum is trading around 3167 and testing the critical support level...
Market Fundamentals: The Bank of Canada (BoC) announced another substantial interest rate cut, reducing its benchmark rate by 50 basis points to provide relief amid mounting economic pressures. With Canada’s unemployment rate climbing to multi-year...
USD/JPY Technical Analysis – H4 Timeframe The USD/JPY pair is trading in a downtrend on the H4 timeframe, with clear signs of bearish momentum. The price has broken below a minor resistance level at 156.00, which has acted as a block order in...
Gold Price Action Insights The current analysis of the Gold price behaviour is open to debate. On the H4 time frame, there is a concerning signal for sellers. The moving averages have not suggested significant shifts but broke below the previous...