Fresh concerns about the Eurozone economy emerged on Friday after HCOB released its latest PMI survey data. The report painted a worrying picture, with both the manufacturing and services sectors exhibiting signs of a slowdown. Manufacturing...
The USD/CHF currency pair has recently displayed an upward trend, capturing the attention of market analysts who are meticulously monitoring this development. The recent movement in the pair's exchange rate has sparked a considerable amount of...
NZDUSD ANALYSIS In my opinion, for the market trend, NzdUsd has the opportunity to continue the trend on a bearish journey. After further observing the bearish journey, it appears that it was still significant in the previous week's trading...
XAU/USD Following the formation of a "bearish-engulfing" chart pattern on Friday, the price of gold is still inclined lower. This supports the head-and-shoulders chart pattern even more, indicating that more declines in the non-yielding metal are...
EURJPY H4 During the European session, buyers in the EUR/JPY market showed strength. Despite the current upward trend, breaking the level of 168.60 may provoke a further decline in the rate. A false breakout of the 168.70 level is also likely, which...