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GBP/USD Forecast. Impulsive growth in the third wave is expected – ForexNews.PRO
BySilas WYesterday’s trading day for this pair was also quite calm, similar to EUR/USD. The price didn’t make any sudden jumps, preferring to stay within the zone where it had traded previously. This type of trading is likely due to the development of a correction. At the moment, it can be assumed that the correction is…
EUR/USD Weekly Outlook – Action Forex
BySilas WEUR/USD’s fall from 1.1917 short term top extended to 1.1644 last week, but recovered since again. Initial bias is turned neutral this week first. Further fall is expected as long as 1.1819 resistance holds. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 1.1668) will argue that 1.1917 was…
Middle East crisis live: IDF carries out airstrikes on Lebanon ‘in self defence’ as Hezbollah fires hundreds of rockets towards Israel
BySilas WIsrael says strikes on Hezbollah are in ‘self-defence’ Julian Borger The Israel Defense Forces (IDF) are depicting their air strikes as a pre-emptive action in “self-defence” in the face of an imminent Hezbollah missile and rocket attack, and warned an “extensive” Hezbollah response is imminent. The all-important question now is whether the cycle of escalation…
Key technical levels for EURUSD – May 27
BySilas WElior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
Forexlive Americas FX news wrap: US PCE inflation cools | Forexlive
BySilas WHigh risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
Oil prices rose to 60 dollars per barrel. PBoC lowered reserve requirement ratios (RRR) by 50 bps
BySilas WAt the end of Tuesday, the Dow Jones (US30) was down 0.95%. The S&P 500 Index (US500) decreased by 0.77%. The Nasdaq Technology Index (US100) closed lower by 0.88%. The US stocks closed lower on Tuesday as investor sentiment deteriorated amid mixed trade signals. President Trump’s wavering stance on trade — he said “we don’t…

