Q1 HDP • Wednesday The US economy has entered the year with momentum. The actual GDP increased at the 4th quarter of an annualized rate of 2.4%, driven by robust consumer expenditures. Overall, production in 2024 spread by 2.8%, only by a touch of a...
During the trading week, the EUR/USD currency pair experienced notable consolidation, characterized by a narrow trading range and oscillation between key support and resistance levels. The pair seemed to be caught in a tug-of-war, with sellers...
Based on a primarily technical analysis approach, I maintain a bullish overall bias despite acknowledging the possibility of a downward correction. My key target remains at 146.76, which reflects my long-term outlook for the asset. In the short...
Market Analysis of USDZAR as of April 25, 2025 Despite maintaining an upward rally after bouncing from a newly identified demand zone in the daily timeframe, ranging between 18.6518 and 18.4880, the USDZAR pair has struggled to find solid support...
Technical analysts primarily use price charts to visualize and interpret historical price movements. The most common types of charts are line charts, bar charts, and candlestick charts.Support and Resistance: Traders identify support levels (where...
