Somehow the Euro buyers have completely lost heart, yesterday the price already tested the level of 1.04, it’s good that they didn’t consolidate below it, and this is despite the fact that the buyers actually need to break through the current local...
The latest Federal Open Market Committee (FOMC) minutes indicate that officials remain concerned about the slowing progress in reducing inflation toward the Federal Reserve’s 2% target. Investors are also closely monitoring upcoming Average Hourly...
GBP/USD Technical and Fundamental Analysis Technical Analysis On the H1 timeframe, GBP/USD is currently in an uptrend, having formed a support level at 1.25800 and previously encountered resistance at 1.26300. The market consolidated near this...
Crude oil prices remain under pressure as a weak demand outlook and rising global economic risks weigh on market sentiment. Investors are closely watching the upcoming Q3 Gross Domestic Product (GDP) data from the Eurozone and the United States (US)...
EUR/USD Technical and Fundamental Analysis Technical Analysis: On the 1-hour time frame, the EUR/USD market was initially in a downtrend and was showing a bearish trend. However, the market has now broken out of its previous structure and is...
