EUR/USD Technical Analysis EUR/USD has experienced a sharp decline from the $1.05000 level hourly and is currently trading around $1.04100. The market remains below the 150-period moving average daily and hourly timeframes, indicating a strong...
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...
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...
The GBP/USD H1 chart shows a well-defined uptrend followed by a phase of consolidation and slight retracement. The price has been trading above the midline of the Bollinger Bands, suggesting ongoing bullish momentum. However, recent price action...
Market participants are closely monitoring upcoming economic releases from both the Eurozone and the United States, which could influence EUR/USD’s near-term trajectory. German Retail Sales and the pan-EU Producer Price Index (PPI) inflation data...
