EURUSD TECHNICAL ANALYSIS In the current movement of EURUSD, it can be seen that the price is still in a bullish condition, although if you look in more detail at the movement during this week, it seems that the movement is not always bullish,...
Market Fundamentals: The Institute for Supply Management’s (ISM) Services PMI fell to a three-month low of 52.1, down from 56.0 in the previous month and below market expectations. This weaker-than-expected reading reflects a slowdown in the...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2605, showing strong bullish momentum as it approaches a critical resistance zone. The pair has been in a recovery phase after bouncing from lower levels near 1.2250. On the daily...
Market Fundamentals: The National Bureau of Statistics (NBS) provided an optimistic economic outlook during a recent press conference, stating that the economy remains stable with growing signs of positive momentum. Consumption continues to recover,...
Expectations of a hawkish Federal Reserve, coupled with ongoing geopolitical tensions, continue to dampen investor sentiment, steering them away from riskier assets. This shift is evident in weaker equity markets and a persistent bid for safe-haven...
