General Point about GBPUSD: The GBP/USD market has been under significant pressure in recent sessions, largely due to seller dominance. Despite the relatively positive economic data from the UK, including the Flash Services PMI rate, Claimant Count...
Silent Points about EURUSD: Yesterday’s release of the German Flash Services and Manufacturing Index on the negative side caused significant losses for EUR/USD buyers. The data pointed to weaker-than-expected performance in Germany's service and...
EUR/USD Technical Analysis and Outlook The EUR/USD market is currently trading near 1.0500 and testing the key support on the hourly chart. The EUR/USD market price is interacting with the 100 simple moving average near the support level of 1.0495....
Traders should approach the currency pair with caution, particularly given the current mix of economic and geopolitical risks influencing the market. The pair has recently shown a modest rebound after declining, but the overall sentiment remains...
Silver prices have slumped to a two-week low of around $30.12 during Tuesday's European session, weighed down by a stronger US Dollar and rising bond yields. The market is focused on expectations that the Federal Reserve will take a more cautious...