Tag: Market analysis

On Monday, 11th November 2024, the FX option expiries analysis shows only one significant level to watch out for: EUR/USD at the 1.0700 level. Last week, the daily lows were supported by this level,...

The EUR/USD pair saw a decline from 1.1213 to 1.0681 last week, but it has since rebounded. The outlook for this week remains uncertain, with the possibility of further consolidations. However, the overall trend...

Next week is packed with important economic events that could impact the global markets. On Monday, the Bank of Japan will release its Summary of Opinions. Tuesday will bring key reports including the UK...

China's October Consumer Price Index (CPI) data was released, showing a slight year-on-year increase of 0.3%. This is lower than the 0.4% reported in September and below the expectations of economists, who had predicted...

Gold prices experienced a significant drop of over 3% following the announcement of the presidential election results, resulting in cumulative losses exceeding 5% from late October to the recent low. However, the situation does...

After the surprising return of Donald Trump to the White House, the markets are experiencing a period of euphoria. Wall Street, Bitcoin, and the US dollar have all seen significant gains. Treasury yields have...

Bitcoin price forecast: JP Morgan predicts an 8-week rally due to the 'Trump Trade' According to JP Morgan, the price of Bitcoin is expected to experience an 8-week rally due to the 'Trump Trade'. This...

The Federal Reserve's hawkish stance is something that forex traders need to keep an eye on. The FOMC statement is about to be released, and all eyes are on Fed Chairman Jerome Powell's press...

The USDCAD had a downward movement and tested the support level at 1.3813 towards the end of the trading day, hitting a low of 1.3817 before slowing down. Thanks to early successes from the...

The ISM Services index surprised analysts by rising to 56.0 in October, exceeding the expected pullback to 53.8. This marks the highest level since July 2022. The employment sub-index also saw a significant increase...