Tag: Market analysis

The EUR/USD pair is showing a slightly upward bias during the day as it continues to rebound from the short-term bottom of 1.0760. However, there is expected to be strong resistance around the 55-day...

European equities showed little movement at the market open today, indicating a sense of stagnation in the market. Investors are advised to proceed with caution as trading in foreign exchange carries a high level...

Credit Agricole is predicting that the Reserve Bank of Australia (RBA) will keep interest rates steady during the upcoming meeting. This decision is based on the fact that Australian inflation and economic activity data...

Sunset Market Analysis: Understanding Forex Trading Trends In the ever-changing world of trading, central banks play a crucial role in determining market trends. With a strong focus on data, each economic figure has the potential...

The EUR/USD pair experienced a notable fall recently after being rejected by the 55 4-hour Exponential Moving Average (EMA) at 1.0832. Despite this, it managed to stay above the temporary low of 1.0760. At...

Upcoming Economic Events to Watch This Week This week is packed with important economic events that could have a significant impact on the global markets. Here's a breakdown of the key events to watch out...

This week, various significant events are expected to take place that could impact the global market. Here is a breakdown of what to look out for: Monday: People's Bank of China (PBoC) is anticipated to...

Next week will be an exciting one for investors as several key companies are set to report their earnings. Some of the big names to watch out for include Tesla, Boeing, AT&T, and Coca-Cola. On...

The Bank of Canada is expected to make a significant rate cut of 50 basis points at its October meeting, based on recent CPI data. However, there is some uncertainty in the markets regarding...

The EURGBP pair, also known as the “Chunnel” by traders, is a popular currency pair that reflects the economic relationship between the Eurozone and the United Kingdom. The euro is influenced by economic data...