The EUR/USD H1 chart displays a complex price movement pattern, characterized by alternating bullish and bearish phases. The current price level of 1.0415 reflects a market that has been trading in a relatively narrow range, with no clear long-term...
Cryptocurrency Trading Recommendations for January 23rd (US Session) Bitcoin continued its correction in the first half of the day, reaching the $101,000 level. Despite the correction from yesterday's $105,000 level, buyers are still hesitant to...
The EUR/JPY H1 chart illustrates a predominantly bullish trend, with the price consistently forming higher highs and higher lows. The movement is supported by the divergence of the moving averages, which indicate a strong upward momentum. The...
EUR/JPY Today, my focus is on EUR/JPY as key economic events unfold in both the Eurozone and Japan. Fundamental Analysis: In the Eurozone, we have a series of PMI releases lined up: German Manufacturing PMI is expected to tick up to 42.7, while...
Market Fundamentals: The latest U.S. data revealed a sharper-than-expected decline of 1.1%, significantly exceeding the anticipated drop of 0.4%. Despite a modest 0.3% increase in broader economic activity, this data underscores the ongoing...