Market Fundamentals: France’s HCOB Services PMI rebounded to 49.3, surpassing both the previous reading of 48.2 and market expectations. Similarly, Germany’s HCOB Services PMI climbed to 51.6, exceeding forecasts and the prior figure of 51.4,...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.26045 on the hourly timeframe. The pair has been in a strong downtrend, as indicated by the price movement below the 150-period moving average. The market structure shows a series of...
Market Fundamentals: Canadian Prime Minister Justin Trudeau has stated that while the government is not seeking a trade war with the new U.S. administration, it will be compelled to retaliate if tariffs are imposed on Canadian products. The looming...
#BTC Tibetan prices continue to move south, reflecting the general sell-off of digital assets in the market. There are no obvious reasons for the weakness of Bitcoin prices at the moment. Some market participants already disapprove of the new US...
The NZD/USD pair is showing signs of weakness and is currently trading at 0.5643. Looking at the charts, the currency pair is in a long-term downtrend and is struggling to maintain a clear uptrend. Although there has been some consolidation...