The EUR/USD pair has been uninteresting for the second consecutive day, showing limited trading opportunities. From the perspective of the H4 timeframe, a bearish imbalance remains, but the situation is somewhat perplexing. This marks the second...
Growing concerns over a potential trade war between the Eurozone and the United States have intensified following comments by Stephen Moore, a senior economic advisor to Donald Trump. Speaking on BBC radio over the weekend, Moore suggested that the...
The EUR/GBP pair continues its upward trajectory for the second consecutive day, trading near 0.8350 during Tuesday’s European session. This movement is primarily driven by the Pound Sterling's (GBP) weakness following dovish comments from Bank of...
The latest US economic data has painted a mixed picture, influencing market sentiment and expectations for the Federal Reserve's monetary policy. The US Gross Domestic Product (GDP) for the third quarter came in lower than anticipated, signaling...
The price of gold (XAU/USD) has extended its upward momentum, surpassing the critical $2,900 per troy ounce level, driven by a weakening US Dollar (USD). Despite the bullish trend, overbought conditions suggest a potential corrective decline in the...