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EURJPY Resumes Upside Correction toward the 171.00 Price Level
The most recent rebound off the technical support at the 168.00 threshold seems to have placed the EURJPY market on a path toward the 171.00 threshold. Technical indicators are also positively aligned at the moment, suggesting the move could get stronger as trading continues. Key Price Levels:Resistance Levels: 170.00, 172.00, and 174.00Support Levels: 168.00, 166.00,…
Crude oil prices expand its gains – Analysis 15-08-2025 – ForexNews.PRO
Crude oil prices have extended gains, supported by stability at $62.00 and breaching a bearish trend line, but negative pressure remains due to trading below EMA50. The RSI reaching overbought levels and negative divergence signals a possible loss of momentum and entry into a new bearish wave. The (crude oil) price extended its gains in…
ECB’s Kazaks: Further fine-tuning cuts likely – Action Forex
Latvian ECB Governing Council member Martins Kazaks signaled openness to further interest rate cuts, suggesting that while ECB has already delivered significant easing, “fine-tuning” adjustments could be needed depending on how the economy evolves. He noted that current market pricing for one more cut is “not out of the realm of the baseline,” but stressed…
Breaking: US ISM Services surpassed consensus in August
The US ISM Services PMI unexpectedly improved in August. The US Dollar clings to its daily gains on Thursday. Data from the Institute for Supply Management (ISM) showed the Services PMI rose to 52.0 in August, up from 50.1 in the previous month and exceeding analysts’ forecasts of 51.0. Meanwhile, the Prices Paid Index—which tracks…
No decision taken on barring Diane Abbott from selection as Labour candidate, says Keir Starmer – UK politics live
Starmer: ‘no decision’ taken to bar ‘trailblazer’ Diane Abbott Labour leader Keir Starmer has again told broadcasters that no decision has been taken over the selection of Diane Abbott as a candidate, and denied that left-wing candidates were being blocked by the party. Denying claims that a purge was taking place, Starmer said “No. I’ve…
