The surface reveals a dominant seller-driven narrative, suggesting an overall bearish sentiment. However, much like an iceberg, a significant part of the market remains hidden beneath the surface. Beneath the visible sell pressure, bargain hunters...
Monetary policy divergence and evolving economic conditions are shaping a complex outlook for the price against the Dollar. Optimism surrounding China’s stimulus measures and the Reserve Bank's hawkish tone lend support to the Aussie. However, the...
PAIR REVIEW GBPJPY Hello! Still, after three days of decline, the correction does not look like one that will win back most of the lost positions. At least, it is not noticeable yet. Because the instrument, having fallen below the support of 194.68...
EUR/USD EUR/USD outlook: The EUR/USD pair, hovering around the 1.0308 mark as of January 10, 2025, presents an interesting situation for forex traders. The eurozone faces a deepening economic slowdown, with key indicators like the composite PMI...
The European Central Bank (ECB) has lowered its three key interest rates by 25 basis points, bringing the deposit rate to 3%. In its latest monetary policy statement, the central bank reaffirmed its commitment to achieving its 2% inflation target...
