Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...
Market Fundamentals: Australia's economy expanded at its slowest annual pace since the pandemic, with third-quarter Gross Domestic Product (GDP) rising just 0.3%, falling short of market expectations of 0.4%. The weaker-than-expected growth has...
GBPUSD Technical Analysis GBPUSD recently broke the key resistance level of $1.26000 with strong momentum. Yesterday, the market reached a high of $1.26700, but today’s candle has closed in a bearish formation. Currently, the pair is trading...
Currency pair AUDUSD - the week is ending and we will look at the D1 period chart again. What can be seen here from beginning the current February? The price made a dip downwards with a price gap and updated the minimum of the previous January. A...
Forex Flat Wave and How to Utilize It Properly Forex trading involves various market patterns and strategies, one of which is the Flat Wave in Elliott Wave Theory. This pattern helps traders identify potential price movements and make informed...
