British Pound Surges Against US Dollar, Hits New High – Market Insights

The British pound continues its upward momentum against the US dollar, driven by diverging monetary policies between the UK and the US, as well as ongoing dollar weakness. This has pushed GBP/USD to a nearly…

Nasdaq toward 18330 ?

Price Movement The chart provided showcases a recent decline in the Nasdaq index, following a significant uptrend observed in the latter half of the previous year. Initially, the index displayed bullish momentum, characterized by higher…

DOW on its way down !

Price Movement The Dow’s daily candlestick chart demonstrates a significant downward trajectory, breaking below previously established support levels. The price movement in recent months has transitioned from a period of consolidation to a notable bearish…

DOW 30 on its way to 42000!

Price Movement The daily chart of the S&P depicts a fluctuating trend with periods of both bullish and bearish sentiment. Initially, there is a significant uptrend, indicated by a series of higher highs and higher…

EUR ready to breakout 1.05?

Price Movement The EUR/USD daily chart shows prolonged bearish movement followed by a consolidation period. Initially, the pair experienced a significant downward trend as indicated by consecutive lower lows and lower highs. A reversal was…