Market Fundamentals: France’s HCOB Services PMI rebounded to 49.3, surpassing both the previous reading of 48.2 and market expectations. Similarly, Germany’s HCOB Services PMI climbed to 51.6, exceeding forecasts and the prior figure of 51.4,...
The EUR/USD H4 chart shows a clear trend structure, with a significant bearish movement dominating a large portion of the chart, followed by a phase of potential consolidation and slight recovery. Initially, the pair experienced a steep downtrend,...
The gold price changes over a specific time period are depicted on the 15-min candlestick chart that is provided. Let’s break down the key aspects: Trend and Change in Prices The chart shows that gold prices are slowly falling in a downward trend....
Market Fundamentals: Geopolitical tensions in the Middle East are likely to further impact the price of silver, as investors turn to the precious metal in times of uncertainty. Former President Donald Trump called for Israel to break the ceasefire...
Let’s look at the D1 period chart today - the EURUSD currency pair. Now, in this senior period, it is best seen that the price until yesterday was within the error limits of the horizontal resistance level of 1.0500. It is also such a round number...
