Understanding Bullish Momentum and Breakouts in the Forex Market The forex market is characterized by various price movements that traders analyze to make informed decisions. Two important concepts in this context are "bullish momentum" and...
Ethereum Market Update – February 22, 2025 Market Drivers Influencing Ethereum Recent Security Incident Creates Uncertainty A major exchange breach led to significant ETH losses, sparking unease among traders. This triggered a sharp price drop and...
The EUR/USD pair experienced a decline during Friday's North American trading session, falling to approximately 1.0460. This downward movement was largely attributed to the release of the preliminary Hamburg Commerzbank (HCOB) Purchasing Managers'...
**GBP/USD Trading Analysis** Today, we take a closer look at the GBP/USD trading pair, which appears quite intriguing based on recent candles and indicators. Analyzing the chart, we observe that from February 19th to February 21st, the price...
Technical Analysis of EURUSD The EURUSD pair closed at 1.04592, reflecting a cautious market sentiment amid mixed economic signals. The currency pair is currently trading within a defined range, with immediate resistance at 1.05065 and support at...
