Market Fundamentals: U.S. Treasury yields took a sharp dive, with the 10-year note slipping to nearly 4.33%, as markets reacted to former President Donald Trump's selection of Scott Bessent as Treasury Secretary. This appointment, which grants...
Crude Oil Price Action: What’s Driving the Market Today(February 28,2025)? Economic Pressures and Market Sentiment The oil market is feeling the strain from a variety of economic signals. Data showing weaker-than-expected growth in the U.S. economy...
Let’s consider the chart of the D1 period - the EURJPY currency pair. This week has given none movements yet, they have been sawing in place. But in general the price is being pressed down along the general downward trend. Here, the wave structure...
Technical analysis of EURGBP Today I will show you EUR/GBP technical analysis. The market is currently in a downtrend. Now the market is between our resistance level at 0.8313 and the support level at 0.8240. If the market breaks below our support...
GBPPUSD Daily Time Chart Analysis The GBP/USD pair is currently testing a key support level near 1.2575. This is an important level to watch as it acts as a reliable barrier to prevent further price declines. Recent price action suggests a possible...