US stock markets posted significant gains on Friday as Federal Reserve Chairman Jerome Powell reiterated market expectations for a possible rate cut in September. Powell: Now is the time to cut rates During a highly anticipated speech at the Jackson...
The EUR/USD currency pair is currently trading at 1.11621, and the prevailing trend is bearish. A bearish trend indicates that the value of the euro is weakening relative to the U.S. dollar. This trend might be driven by various factors, including...
EUR/GBP continues declining within a falling channel. It has reached oversold levels and could be poised for a recovery. EUR/GBP continues trickling lower in a falling channel. The declining sequence of peaks and troughs indicates the pair is in a...
TRADING CHART ON NZD/USD H1. Assessment of market conditions - NZDUSD. The Fibonacci grid is one of my favorite tools. It shows how far the market can go, where it will come back and at what level the movement may continue. Everyone uses the...
USDCHF H4 Analysis Market Overview The USDCHF pair is currently exhibiting a strong bearish trend on the H4 timeframe. Price action has formed lower highs and lower lows, indicating a sustained downward momentum. Key Levels Immediate Support:...