EUR/GBP Market Analysis: 4-Hour Chart Insights Current Market Overview: The EUR/GBP currency pair has been experiencing a continuous downtrend over the past several weeks, as reflected in the 4-hour timeframe. The pair opened at 0.82477, reached a...
The Swiss National Bank (SNB) is expected to implement another interest rate cut in March 2025, reducing the key rate to 0.25% after last week’s 50-basis-point reduction. Meanwhile, stronger-than-expected Purchasing Managers' Index (PMI) data from...
USDCAD Daily Time Chart Analysis The daily chart of the USDCAD currency pair shows a strong uptrend, and the current trading price on the Ichimoku Cloud shows strong momentum. The market is making higher highs and lower lows, confirming the...
The UK labor market data largely exceeded expectations, yet concerns over persistent wage growth continue to cast uncertainty on inflation dynamics. While unemployment claims came in lower than anticipated, the number of jobless benefit seekers...
As the price declines, it frequently interacts with the middle Bollinger Band before eventually breaking below it, signaling a potential bearish reversal. The lower Bollinger Band starts expanding downward, confirming increased selling pressure....
