KostiaForexMart / Blog
European futures, Asian stock indexes and regional currencies began to rise after the publication of a report on consumer inflation in the United States and strengthening hopes for an early Federal Reserve rate cut...
Today, the dollar index is trying to limit the falls of the last few days and is above 104.2. The EUR/USD exchange rate approached the 1.0900 mark. This is more of an emotional outburst. The markets are evaluating the new inflation figures in the US...
The Nasdaq hit a new all-time high on Tuesday amid the close, while the S&P 500 and Dow also posted gains as comments from Federal Reserve Chairman Jerome Powell reassured investors ahead of a major consumer inflation report expected on Wednesday...
Gold is trading around 2,343, around the 21 SMA, and within the uptrend channel forming since early May. Gold, after a strong technical correction below 2,375, found a bottom around 2,330 which gave it an opportunity to recover...
Early in the European session, gold is trading around 2,310.68 forming a bearish bullish pennant pattern on the H4 chart. Gold has been trading within a symmetrical triangle pattern formed since April 12...
The EU is considering trade sanctions against Israel due to the policy of aggressive war in the Gaza Strip. Belgium proposed the initiative...
American stock indices ended trading higher on Monday, marking their third consecutive positive session. Investors are once again raising hopes that the Federal Reserve may cut interest rates this year. Global stock indicators also rose amid optimism about a likely rate cut...
Oil prices rose slightly on Monday after the strongest weekly drop in seven months. Brent quotes rose to $83.70 per barrel. North American WTI crude is trading near $79.00. This came amid growing signs that recent cease-fire talks between Israel and Hamas have not made significant progress...
EUR/USD Analysis: The weekly chart scale of the major European currency pair shows that the dominant descending wave of recent months is nearing completion. The wave structure appears to be formed. The unfinished segment in the upward direction dates back to April 16...
Ethereum is trading around 3,014.42 under strong bearish pressure and within a downtrend channel forming since March 6. Over the past few days since April 11, ETH/USD has been trying to break the strong resistance at 3,281 but without success and dropped several times...