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January 8, 2025

EUR/GBP Gains Post German Retail Sales Report; What to Watch

The EUR/GBP currency pair retraces earlier losses. It trades around 0.8290 during the European session on Wednesday. The Euro showed stability as Germany, the Eurozone’s

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January 8, 2025

Silver Prices Surge: Tracking Market Movements for XAG/USD

Silver prices have shown an upward trajectory this Wednesday, with XAG/USD trading at $30.18 per troy ounce. This marks a gain of 0.52% from Tuesday’s

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January 8, 2025

GBPUSD and Gold: Critical Support Levels Highlighted Amid Market Pressure

The British pound experiences persistent pressure as the dollar strengthens. This trend follows a dovish rate hold from the Bank of England and a more

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January 8, 2025

NZD/USD Trading Range Stabilizes Amid Current Price Movements

The current price movements in the NZD/USD pair suggest a phase of range trading. Analysts forecast the pair to oscillate between 0.5615 and 0.5665 in

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January 8, 2025

DAX Rises as Key Stocks Boost Gains Despite US Market

The DAX continues to rise for a third consecutive day. Despite a weaker close in the US markets and below-forecast data from Germany, the DAX

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January 8, 2025

EUR/USD Correction Continues Amid Disappointing German Data

The EUR/USD pair continues its correction, trading at approximately 1.0320 as of Wednesday. Earlier in the week, the pair faced rejection above the 1.0400 mark.

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January 8, 2025

USDJPY Expected to Progress with an Upward Bias: Key Levels

Analysts project the US Dollar could test 158.50, with the possibility of breaking this pivotal level. Although further advancement towards 159.00 seems unlikely, an upward

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January 8, 2025

USD/CNH Under Pressure: Resistance at 7.3700 to Hold

The US Dollar faces potential upward movement towards 7.3550 but is likely to level off thereafter. Analysts from UOB Group state that the major resistance

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