EURUSD Technical Analysis EURUSD is currently trading around 1.04910, showing a strong bullish momentum on the H1 timeframe after breaking key resistance. The 150-period moving average is acting as support, while the RSI has reached overbought...
I often find myself reflecting on the nature of the market, especially during periods of inactivity. I think it’s interesting how, when nothing significant happens, we tend to overanalyze and search for reasons behind the lack of movement. I believe...
On the daily chart of the GBP/JPY pair, I observe that the pair is currently in a pullback phase following the upward movement that began on February 7 from a low of 187.051. I note that this upward momentum was relatively short-lived, lasting only...
The spotlight remains on the upcoming U.S. Consumer Price Index (CPI) release, set to influence market sentiment. Following a softer-than-expected Producer Price Index (PPI) print, investors are anticipating a potential slowdown in both the monthly...
The European Central Bank's (ECB) negotiated wage growth indicator, derived from data in nine key eurozone economies, offers insight into wage trends but remains non-harmonized across different reporting schedules. The indicator covers Germany,...