Dow Jones – 23.06.2025 – Orbex Forex Trading Blog

Utilizing economic indicators in forex trading can be the key to foresight and market strategy. Among these, PMI data, or the Purchasing Managers’ Index, stands out as a pivotal source of insight into the economic health of the manufacturing and services sectors. This data, reflecting the opinions of purchasing managers about market conditions, serves as…

Daily Pivots: (S1) 1.1842; (P) 1.1874; (R1) 1.1914; More…. EUR/USD’s rally continues today and intraday bias stays on the upside, with focus on 1.2000 key psychological level. Decisive break there will carry larger bullish implications. Next near term target will be 38.2% projection of 1.0176 to 1.1917 from 1.1576 at 1.3434. On the downside, below…

2024.12.06 2024.12.06 WTI Crude Oil: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 71.56 with a target of 61.50 – 53.60. A sell signal: the price holds below 71.56. Stop Loss: above 72.00,…

At the start of the week, the euro and sterling posted solid gains amid dollar weakness and expectations of a more accommodative Federal Reserve policy path, testing local highs. However, the release of the January US employment report shifted market sentiment. Non-farm payrolls rose by 130K versus a forecast of 66K, the unemployment rate unexpectedly…

Events to pay attention to today: 17:00 GMT+3. EUR – ECB President Christine Lagarde Speaks 22:15 GMT+3. EUR – ECB President Christine Lagarde Speaks EURUSD: The EUR/USD exchange rate failed to maintain its position on Monday, commencing the new trading week with a downward trajectory as the price reverted to a familiar 12-week low, hovering…

Intraday Analysis 20.11.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link