The Eurozone’s HCOB PMI report, compiled by SP Global, is expected to show a continued contraction in overall business activity, albeit at a slower pace. The HCOB Composite PMI is anticipated to rise slightly to 49.7, compared to the previous...
NZDUSD CURRENCY PAIR ANALYSIS The inability of the candle to penetrate the h1 resistance at a price of 0.5613 caused the nzdusd movement to change to a decline. The decline last Wednesday was quite deep because the candle was just a little bit away...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good Morning, I hope all is well. Let me share with you my thoughts on EUR/USD. Currently, the market price of EUR/USD is floating around the 1.1010 area. This area is near the resistance zone....
Trade Setup Using SMC Concept Based on the chart and SMC principles, here’s a potential trade setup: Buy Setup Entry: Look for a buy entry after the price shows signs of reversal above the EQL (2,980.695). This could be confirmed by a bullish...
EUR/USD Market Analysis: A Bullish Momentum The EUR/USD pair has shown a strong upward trend in the 4-hour time frame, currently trading at 1.10368 with a significant increase of 0.76% (+0.00835). The chart indicates a positive shift in market...
