EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
Current Movements and Bullish Trends in Crude Oil Prices Today, I am going to discuss the current state of crude oil prices. On the D1 chart, crude oil is currently moving around the 81.62 level. From the chart, we can observe that the price has...
The USD/CHF currency pair has recently exhibited compelling trends on its daily (D1) timeframe chart, notably highlighting a noteworthy selling area forming around the 0.8923 level. This critical zone has become a focal point for traders, signaling...
EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...
Yesterday, GBP/USD bounced off the 1.2603 level, triggering a minor decline. Unlike the euro, the British pound may resume its downward trend if the market plans to engage in selling. At the very least, the price should drop to the 1.2633 level....