Staying informed about upcoming economic events is crucial for forex traders, as these events can significantly impact currency markets. Monday, December 30, 2024: Germany Inflation Rate (Preliminary) for December: Time: 1:00 PM CET Previous: 2.2%...
USDJPY currency pair - D1 chart. During this senior daily period, it is striking how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. A good descent that ended in late November and early December at the...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping the price to rise within the channel. Crude oil prices are currently hovering above support and...
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Investors are searching for new indications about how the Bank of England (BoE) will proceed with the interest rate drop path in 2025, which is why the pound sterling (GBP) is rising versus its key rivals on Friday. In the most recent BoE policy...