Market participants are closely watching the Swiss National Bank (SNB) ahead of its anticipated 25 basis point (bps) rate cut, driven by concerns about inflation undershooting its target and rising global market uncertainties linked to potential...
Technical analysis of EURJPY Today we will perform a technical analysis on EUR/JPY. Currently is market breaks the support level The market also broke through the support level 0.5986, and now the support level is set as resistance, which will be...
The recent rebound in gold prices highlights the commodity's status as a safe-haven asset amid economic uncertainty. The Federal Reserve's dovish stance, signaled by Jerome Powell, and speculation about rate cuts have added bullish momentum to gold....
The GBP/USD pair mirrors the bearish setup seen in EUR/USD, with price action signaling a strong likelihood of further downside. On the 4-hour chart, the initial break of structure highlights a significant shift in market dynamics, as sellers gained...
LTC/USD Technical Analysis Currently, Litecoin is trading in a downtrend, reflecting a weak bullish trend in the market. Earlier today, Litecoin tested the resistance level at 125.0 but failed to break through it and started a bearish reversal....