Germany faces growing downturn in business activity According to Reuters, Germany's economy showed signs of slowing down in November, marking a worrying trend. The country's economic activity has been contracting for five consecutive months, with...
Beijing taking precautionary actions to mitigate fallout of lofty US tariffs The Chinese authorities are ready to take urgent measures to cushion negative impacts from the introduction of US tariffs. According to Reuters, China’s Ministry of...
GBP/USD Today, GBP/USD is trading around 1.2270, stuck in a bit of a consolidation phase. On the 4-hour chart, it’s sitting near the 50-day moving average, which shows that traders are still undecided. The key resistance level to watch is 1.2300,...
Trading journal Friday, November 29, 2024 NZDUSD " stable price increase trend in the last few days " Good afternoon, For the past few days the NzdUsd market has been seen to be running bullish, from the 4-hour time frame it appears that the price...
•••Crude Oil Price Update: November 29, 2024••• As we close out the week, WTI crude oil is maintaining a tight range between $68.63 and $68.64, a level that signals cautious trading in the market. While there are a few bearish signals, like rising...