by Zed | Apr 16, 2024 | Forex Analysis
Forex and Stock Market Analysis – April 16 Currency Overview: GBP/USD Dynamics: The GBP/USD pair continues its downward trajectory, fueled by worsening indicators in the UK labor market. Unemployment in the UK escalated to 4.2% in February, surpassing both...
by Zed | Apr 12, 2024 | Forex Analysis
Forex and Stock Market Analysis Currency Overview: Euro Dynamics Post-ECB Decision: The euro weakened against the U.S. dollar and British pound following the European Central Bank’s dovish statements in its April meeting. EUR/USD fell 0.2% to 1.0725, while...
by Zed | Apr 8, 2024 | Forex Analysis
Forex and Stock Market Update Currency Sector Insights: Upcoming Attractions: Spotlight on Gold, US Dollar, Euro, and Pound Sterling ahead of key financial events. This Week’s Major Events: Anticipation builds for US CPI data, central bank decisions from Canada,...
by Zed | Apr 5, 2024 | Uncategorized
Forex and Stock Market Update Currency Trends: EUR/USD and Oil on the Verge of a Breakout: Eyes are on the EUR/USD and oil (WTI futures) for a potential surge beyond Fibonacci resistance levels, signaling bullish momentum. The Art of Breakout Trading: This strategy...
by Zed | Apr 3, 2024 | Forex Analysis
Forex and Financial Market Update Currency Insights: US Dollar Dynamics: The U.S. dollar experienced a minor dip (-0.2% to 104.75), stepping back from its recent five-month peak amidst global yield fluctuations surpassing those of U.S. treasuries. Economic Event...
