Monthly Archives: May 2025
The AUDUSD pair shows support but encounters resistance at various moving averages, hindering upward momentum
Written on May 10, 2025 at 3:45 am, by melody
AUDUSD tests key resistance levels; buyers must reclaim 200-day moving average to sustain bullish momentum.
Trading around 0.8500, Euro faced persistent selling pressure, indicating a cautious sentiment in EUR/GBP
Written on May 10, 2025 at 3:40 am, by melody
EUR/GBP faces downward pressure near 0.8500; mixed indicators suggest limited bearish strength with longer-term support.
Sellers struggled to maintain control after briefly breaking support, as buyers pushed prices higher
Written on May 10, 2025 at 3:15 am, by melody
NZDUSD remains range-bound, with key resistance near 0.6018 and support at 0.5886 constraining price action.
A trade deal between the US and UK led to a 0.41% rise in Pound Sterling
Written on May 10, 2025 at 3:10 am, by melody
Sterling rises on US-UK trade deal, limited by BOE rate cut; markets eye US trade talks.
The German DAX and Spain’s Ibex achieve record highs, while other indices show mixed performance
Written on May 10, 2025 at 2:46 am, by melody
European indices climb; German DAX hits record close, Italy’s FTSE MIB leads weekly gains with 2.72%.
As trade uncertainties and stagflation fears loom, the USD/CHF pair faces critical support challenges
Written on May 10, 2025 at 2:40 am, by melody
USD/CHF nears key support as trade talk uncertainty and stagflation fears pressure US Dollar sentiment.
In Amritsar, India, four explosions were reported, amidst escalating tensions and rising gold prices
Written on May 10, 2025 at 2:15 am, by melody
Amritsar hit by four blasts amid rising tensions; gold prices soar $37, reaching $3342 today.
After a US-UK trade agreement, the Pound Sterling strengthened by 0.41%, nearing 1.33
Written on May 10, 2025 at 2:10 am, by melody
Pound rises on US-UK trade deal; gains capped by Bank of England rate cut and cautious outlook.
Near 1.1300, the Euro held firm as positive indicators emerged for the EUR/USD pair
Written on May 10, 2025 at 1:40 am, by melody
EUR/USD holds steady near 1.1300; mixed momentum signals with long-term indicators pointing to strength.
Waller has chosen to remain silent regarding the economic outlook despite the Fed’s blackout ending
Written on May 10, 2025 at 1:15 am, by melody
Waller remains silent post-blackout, leaving markets speculating on future Federal Reserve policy and economic direction.
