Market Fundamentals: The Euro continues to struggle against the Japanese Yen as market sentiment remains bearish amid expectations of aggressive rate cuts by the European Central Bank (ECB). The bleak economic outlook for the Eurozone, coupled with...
The GBP/USD wool structure remains somewhat ambiguous but generally clear. There is currently a high probability of long -term mining. The main question concerns the expected wave 2 within 1 that seems unconvincing. On the contrary, Wave 5 looks...
Market Fundamentals: The Federal Reserve’s dot plot provides insight into the projected trajectory of the Federal Funds Rate in both the medium and long term. Market expectations suggest the Fed will implement three interest rate cuts in 2025,...
Market Fundamentals: Gold prices remain supported by heightened geopolitical tensions in the Middle East and persistent economic uncertainty, as investors seek safe-haven assets. The recent escalation of conflict between Hezbollah and Israel has...
Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price has been moving in a downward direction during the previous two trading weeks, and during this week we have an attempt to change the...