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...
USD/JPY As of today, USD/JPY is showing a clear downward trend, hovering around the critical 150.00 support level. This drop is largely driven by strong Japanese economic data and shifting market expectations regarding monetary policy. Fundamental...
Craft Winning Trades: NZD/ USD Prices Currently, we are dissecting the NZD/ USD currency pair's price action assessment. The situation for the quote is not very clear right now, as we are trading at 0.5757, and an excellent signal to sell will be...
EURUSD H4 Forecast The EUR/USD pair is struggling to stay above the psychological level of 1.0500 after failing to close above this key resistance level in the last trading session. At this point, the pair faced strong selling pressure, which...
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...
