European Harmonized Index of Consumer Prices (HICP) inflation aligned with expectations, with annualized HICP rising slightly to 2.4% year-over-year from the previous 2.2%. However, much of the upward pressure in European inflation appears to be...
GBP/USD Greetings and Good Morning guys! The market scenario of GBP/USD looks in favor of sellers these days, with bearish sentiment dominating price action. The GBP has no particular news events to follow, leaving it vulnerable to broader market...
EUR USD today technical analysis H1 As of February 27, 2025, the EUR/USD pair is experiencing notable downward pressure, trading near 1.0492, its lowest level since late October 2024. This decline is influenced by contrasting economic conditions and...
The USD/JPY H1 chart shows a clear downtrend, with prices forming lower highs and lower lows over the past several weeks. The Bollinger Bands indicate varying volatility, with periods of expansion and contraction. In early February, the bands...
NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...