The upcoming week (March 17 to March 23, 2025) is poised to feature several key economic events and policy decisions that could significantly influence the forex markets. Monday, March 17: >> China Industrial Production and Retail Sales (February):...
GBP/USD Technical Analysis: The GBP/USD pair has been moving within a range lately, with support around 1.2050 and resistance near 1.2200. On the 4-hour chart, I’m noticing a slight bearish trend as the pair is trading below the 50-period moving...
EURUSD Daily Outlook EUR/USD is currently trading around 1.0878 and is showing a strong uptrend after a long consolidation phase. Recently, the ascending channel was broken, the uptrend strengthened significantly, and the price action passed a key...
Fed Chair Jerome Powell emphasized that any changes in monetary policy would depend on significant progress in inflation or noticeable weaknesses in the labor market. This stance has important implications for precious metals, particularly silver,...
Oil prices remained at around $66.89, reflecting the complex interplay between global economic dynamics and geopolitical events. The recent decline to $78.20 indicates a weak market trend, mainly due to weak demand and an uncertain economic...
