The EUR/USD pair continues to face significant headwinds, with the Euro grappling with a range of economic challenges in the Eurozone, while the U.S. Dollar (USD) remains surprisingly strong. The Greenback's resilience is driven by both economic and...
Investors will closely watch upcoming U.S. economic releases, particularly the Producer Price Index (PPI), which is expected to show a 1.6% year-over-year (YoY) increase in the headline figure, with the core PPI likely rising by 2.7% YoY. If the...
The GBP/USD pair is currently at a crucial turning point, with technical indicators providing mixed signals. The Stochastic %K (14, 3, 3) is neutral at 66.67, suggesting the market is neither overbought nor oversold. However, the Stochastic RSI Fast...
Despite Tuesday’s acceptable advance, EUR/USD is expected to remain under the microscope in light of political effervescence in France and upcoming key results in US fundamentals along with Chair Powell’s speech The technical picture for EUR/USD...
I think shorter timeframes, 15 minutes or less, are more suitable for scalping—ideally 5 minutes. On the 1-minute timeframe, there's too much noise and a high likelihood of completely random price movements. However, some traders who trade momentum...