Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
NZD/JPY is currently positioned at a crucial juncture where the price action is closely tied to key technical levels that will determine the near-term direction of the pair. The identified pivot point at 86.27 serves as a significant threshold, and...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
GBP/JPY MarketOutlookk Greetings and Good morning guys! The overall market sentiment of GBP/JPY looks in favor of buyers. They can cross the 193.77 zone this week. Also, the UK MPC Official Bank Rate can change the market sentiment tomorrow. The...
ETH/USD Technical Analysis and Update The ETH/USD market has shown bullish momentum today, trading around 2785. On the H1 chart, the ETH/USD market tested a key support level at 2630 but rebounded, indicating strong buying sentiment. The ETH/USD...
