The broader market sentiment remains cautious, with ongoing concerns about UK inflation and the possibility of further rate reductions. These factors could put additional pressure on the Pound, despite recent attempts to recover. However, as is...
The recent decline in the 10-year Swiss government bond yield to 0.38%, its lowest since early October, highlights growing market expectations that the Swiss National Bank (SNB) may pursue more aggressive rate cuts. Meanwhile, concerns over...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price increase within the channel. Crude oil prices are currently hovering above support and...
USDJPY currency pair - let’s look at the D1 period chart today. During this senior period, it catches the eye how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. There was a good descent that ended in...
EUR/USD Technical Analysis: Right now, EUR/USD is trading around 1.1020, showing some steady bullish momentum. I’m keeping an eye on 1.1000 as a key support level, with 1.0975 also acting as backup support. On the upside, 1.1050 and 1.1075 look...
