GBP/USD Weekly Outlook: Pound Sterling corrects amid geopolitical, economic concerns The Pound Sterling (GBP) corrected after topping near 1.3000 against the US Dollar (USD) mid-week. However, the GBP/USD pair holds at its highest level in four months. Over the weekend, the US launched large-scale airstrikes on Yemen, targeting the Iran-backed militant group Houthis. In response, Houthis attacked US vessels…
2025.03.21 2025.03.21 GBP/USD: Elliott Wave Analysis and Forecast for 21.03.25 – 28.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.2560 with a target of 1.3500 – 1.4000. A buy signal: the price holds above 1.2560. Stop Loss: below 1.2520, Take Profit: 1.3500 – 1.4000. Alternative…
The challenge was at the lower house, so this is very much just a formality. The debt brake reform is passed alongside the €500 billion fund to revamp infrastructure. This article was written by Justin Low at www.forexlive.com.
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2025.03.21 2025.03.21 Short-Term Analysis for Oil, Gold, and EURUSD for 21.03.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro is trading in a correction…
Just a heads up as the ONS just released a statement saying that they will be pausing producer price publications for the time being. The reason cited is due to “a problem with the chain-linking methods used to calculate these indices”. The issue was found amid work to improve the systems for Producer Price Index (PPI) and the Services…
The EUR/USD may test immediate support at the nine-day EMA of 1.0846 in an attempt to re-enter the ascending triangle. The 14-day RSI remains above 50, indicating that the bullish outlook is still intact. A break below the 50-day EMA at 1.0612 could weaken medium-term price momentum. The EUR/USD continues its decline for the third consecutive session, hovering around 1.0830…
It was another messy day in the financial markets, as asset classes took cues from their own individual catalysts. Gold struck a fresh record high while global uncertainties lingered while crude oil rebounded thanks to new U.S. sanctions on Iran and China. Major currencies also had plenty to work with, including a couple of top-tier jobs releases and major…
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The Indian Rupee remains stable, with USD/INR hovering near a seven-week low of 86.20. The INR faces potential headwinds from rising crude Oil prices amid ongoing geopolitical tensions in the Middle East. The US Dollar strengthens as risk aversion rises due to concerns over tariff policies. The Indian Rupee (INR) remains stable against the US Dollar (USD) during the…
