The GBP/USD H4 chart reveals a dominant downtrend over the past several months, with consistent lower highs and lower lows forming a bearish market structure. The 50-period moving average (red line) has acted as dynamic resistance, capping price...
The current technical outlook for USD/JPY is overwhelmingly bullish, with the pivot point at 154.59 serving as the cornerstone of support for the ongoing uptrend. The RSI is trading well above 50, which underscores the strength of the buying...
Market Fundamentals: The Euro faces renewed pressure as concerns mount over downside risks to the Eurozone economy. These fears are driven by uncertainties surrounding a potential second US presidential administration, the ongoing war in Ukraine,...
### **1. ECB Policy and Weak Eurozone Economic Growth** The ECB has lowered the benchmark interest rate by 25 basis points to 2.75%, which is approaching the neutral range of 1.75% to 2.5%. This decision was driven by stagnant economic growth in...
Market Fundamentals: Escalating geopolitical tensions in the Middle East continues to drive investor concerns, fueling fears of potential supply disruptions and providing upward momentum for crude oil prices. Hopes remain high that China's recently...
