Market Fundamentals: The Euro (EUR) is gaining momentum as political developments across the globe fuel market sentiment. Italian Prime Minister Giorgia Meloni's visit to President-elect Donald Trump at Mar-a-Lago has sparked geopolitical...
Market Fundamentals: Recent US inflation data revealed that consumer prices rose more than anticipated, reinforcing expectations that the Federal Reserve (Fed) may keep interest rates elevated for an extended period to combat persistent price...
GBP/USD price forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, is attempting a modest recovery on Wednesday but remains near yearly lows at 106.50. Traders continue to weigh...
USD/JPY Daily Chart The USD/JPY market is currently downtrend and trading at 149.04 daily. The market is attempting to break the 149.0 support level, which could determine the future direction of price action. If the USD/JPY market breaks above...
EURUSD Technical Analysis EURUSD is currently trading around 1.0498 on the H1 timeframe, showing a strong bearish trend as the price remains below the 150-period moving average. The market has experienced a continuous decline, indicating persistent...
