UK Labour Data Fuels Rate Cut Expectations image Solid ECN – The British pound edged slightly lower to $1.25 as traders digested recent labor data and the monetary policy outlook. The UK’s unemployment rate rose for the third month, while wage ...

Free Market Updates by Solidecn.com

EUR/USD Analysis image Solid ECN—The EUR/USD 4-hour chart reveals a strong uptrend within a well-defined ascending channel. The price is currently trading near the upper boundary of this channel, suggesting that upward momentum is being ...

Free Market Updates by Solidecn.com

USD/JPY image Solid ECN – The USDJPY traded at about 155.3 in today's trading session, which is inside the wedge pattern on the daily chart. The upper trendline acts as resistance, which the bulls are testing it. % 50 Fibonacci backs this level. ...

Free Market Updates by Solidecn.com

Euro Climbs: What Traders Need to Know image Solid ECN – The Euro climbed above $1.085, marking its highest point in five weeks. This rise comes as traders anticipate changes in monetary policies between the US and Europe. The European Central ...

Free Market Updates by Solidecn.com

AUDUSD: Bulls Target 0.676 Amid Bullish Indicators image Solid ECN—In today's trading session, the AUDUSD broke through the 0.665 resistance, and bulls are working to stabilize the price above this key level. Technical indicators signal bullish ...

Free Market Updates by Solidecn.com

GBPUSD Eyes Key Levels as Bulls Gain Momentum image Solid ECN – The GBPUSD currency pair broke out of the descending trendline and the 1.2590 barrier. The bulls will likely target 1.263 this week, and if this level is breached, the path to 1.2708 ...

Free Market Updates by Solidecn.com

WTI Crude Rises Amid Canadian Wildfires image Solid ECN—WTI crude futures climbed to $79 per barrel on Wednesday, helping to recover some losses from the previous day. The rise was mainly due to wildfires in Canada threatening the country's oil ...

Free Market Updates by Solidecn.com

GBPUSD at a Crossroad image Solid ECN – The GBP/USD pair is testing the upper band of the bearish trend line on the 4-hour chart, which coincides with the 78.6% Fibonacci retracement level. Currently, the pair trades at approximately 1.258 as the ...

Free Market Updates by Solidecn.com

Forecasting Silver Prices Amidst Technical Signals image Solid ECN—Silver trades an uptrend above the 50% Fibonacci retracement level. The XAG/USD pair is currently experiencing a pullback from the $28.7 resistance, trading at about $28.3. ...

Free Market Updates by Solidecn.com

EURUSD - ECB and Fed Rate Cuts, What to Expect? image Solid ECN – The Euro has strengthened above $1.078, reaching a five-week high. This rise comes as investors focus on important US and Euro Area economic data. Key figures like US inflation, ...

Free Market Updates by Solidecn.com

Key Technical Levels for Gold Traders image Solid ECN – Gold has declined from $2,378 against the U.S. dollar on May 10 and is currently trading around $2,340. With technical indicators signaling a bearish trend, the dip is likely to extend to the ...

Free Market Updates by Solidecn.com

Bulls Eye Key Breakout for EURUSD Rally image Solid ECN – The EURUSD currency pair pulled back from last week's trading session's 61.8% Fibonacci support level. As of posting, the pair trades around the 1.078 mark, clinging to the descending ...

Free Market Updates by Solidecn.com

Franc Strengthens, Dollar Weakens Post-Fed image Solid ECN—The Swiss franc has remarkably recovered, climbing to 0.91 against the US dollar from a seven-month low of 0.92 on May 1st. This rebound was sparked by unexpectedly high inflation data, ...

Free Market Updates by Solidecn.com

WTI Crude Drops Below $78, Eyes on OPEC image Solid ECN – WTI crude futures experienced a significant decline, dropping below $78 per barrel this Monday. This downward trend extended from last week when oil prices fell sharply by more than 1%. The ...

Free Market Updates by Solidecn.com

EURUSD Technical Analysis image EUR/USD rose from the 61.8% Fibonacci retracement level yesterday and is now testing the descending trendline near 1.07. The technical indicators are bullish, but for the uptrend to resume, the price must close and ...

Free Market Updates by Solidecn.com

Key Reports to Influence Gold Prices image Solid ECN – Gold prices soared to $2,350 per ounce this past Friday, reacting to traders' expectations of a Federal Reserve rate cut. The anticipation grew after Thursday’s economic report showed a ...

Free Market Updates by Solidecn.com

AUDUSD Analysis image Solid ECN – The AUD/USD pair has resumed its uptrend from 0.655 after testing the 50-day EMA. Currently, the Australian dollar is trading around 0.660 against the U.S. dollar, with bulls aiming to stabilize above the 23.6% ...

Free Market Updates by Solidecn.com

Bitcoin Dips Below Key $61.9K Level image Solid ECN – Bitcoin dipped below $61,896 in today's trading session. The technical indicators are bearish, with the RSI hovering below 50 and the Awesome Oscillator bars in red. From a technical ...

Free Market Updates by Solidecn.com

EURUSD Bearish Outlook image Solid ECN – As of the latest trading session, the Euro continues to decline, trading at approximately 1.07 against the U.S. dollar, notably below the 38.2% Fibonacci retracement level. The current technical indicators ...

Free Market Updates by Solidecn.com

USDJPY: Yen Holds Steady Amid BOJ Inflation Warnings image Solid ECN – The Japanese yen has shown relative stability, holding at about 155.6 per dollar following the release of the Bank of Japan's (BOJ) April policy meeting summary. During the ...

Free Market Updates by Solidecn.com