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,...
The British Pound (GBP) remains under pressure against its major counterparts on Friday, despite reduced expectations for aggressive rate cuts by the Bank of England (BoE). The decline follows the UK Labour government's Autumn Forecast Statement,...
LTC/USD Technical Analysis and Market Update The LTC/USD market trades at 116.53 after testing the 113.50 support level on the H1 chart. The overall trend is bearish, but the price is trying to move higher. If this momentum continues, the LTC/USD...
February 2, 2025 After climbing to around the 1.05300 level early on Monday of last week, the EUR/USD began to see buyer remorse hit the currency pair. The EUR/USD currency pair is trading around 1.0366. When the ECB lowered its interest rate as...
I believe Bitcoin’s recent failure to surpass the critical resistance level of $106,448 highlights a pivotal moment in its price action, as this zone has historically acted as a psychological and technical barrier for traders. I interpret this...
