Market Fundamentals: The ongoing political uncertainty in France, rising tensions in South Korea, and escalating geopolitical risks in the Middle East have increased demand for safe-haven assets, bolstering the Japanese Yen (JPY) against the U.S....
As we can see, the mood for fixing longs is already in full swing here. Therefore, until this mood changes and the accumulation of positions resumes, the pair will continue to roll back downwards. Well, as usual, we continue to watch the...
Have a great mood everyone! The seller is active on his part, which is shown by the linear regression channel looking to the south. The instrument is trading below the level of 1.26162. I am considering sales to the level of 1.25586, from which a...
The NZD/USD pair is showing signs of weakness and is currently trading at 0.5643. Looking at the charts, the currency pair is in a long-term downtrend and is struggling to maintain a clear uptrend. Although there has been some consolidation...
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,...
