Technical analysis of EURUSD Today I choose EUR/USD for technical analysis, the market price has been falling for several days, and after breaking all support levels, it is falling. But now that the market has broken out of the structure that helped...
Trading journal Tuesday, December 10, 2024 GBPJPY there is a chance to continue the bullish journey" Good afternoon, Taking the benchmark from the market journey pattern this week at least it is still clearly visible that the GbpJpy...
The current price movement indicates a downtrend, as the market has been printing lower highs and lower lows. The downward slope of the moving average (red line) further confirms the bearish momentum. Price action is struggling to reclaim higher...
ECB to stay on course with rate cuts despite rising inflation A fresh wave of inflation is unlikely to sway the European Central Bank or change its stance on cutting interest rates. According to Bloomberg, eurozone inflation surpassed the ECB’s 2%...
Euro margins fell as CPI data expected The Euro saw a slight decline during Tuesday's trading session as it appeared to be heading for the critical 1.05 level. This zone has consistently served as a key focal point in recent trading, acting almost...