GhulamRasool

EUR/USD EUR/USD regained traction after overnight’s drop and rose above 1.05 handle, penetrating falling daily cloud (spanned between 1.0490 and 1.0664), after better than expected German January Ifo report boosted the sentiment. Bulls look to resume recovery from Jan 13 low (1.0177) after reversal

Citing government sources, Germany’s newspaper Handelsblatt reported on Friday that the government lowered its economic growth projection for 2025 to 0.3%, down from previous estimate of 1.1%. Market reaction The German growth projection fails to move the needle around the Euro, as EUR/USD rallies 0

USD/JPY stable despite volatility after Trump announces possible 25% tariffs on neighboring countries. US Dollar Index (DXY) gains 0.29%, reaching 108.30, amid positive market sentiment. Focus on upcoming Bank of Japan meeting; potential for 25 basis point rate hike expected. The USD/JPY was virtual

USD/CHF appreciated following news that President Trump intends to direct federal agencies to review tariff policies. Traders speculate that Trump’s policies could lead to inflationary pressures, possibly restricting the Fed to just one more rate cut. The Swiss Franc remains generally weak as invest

As Donald Trump was sworn in for his second term as President, U.S. stock market futures soared, fueled by anticipation of bold executive actions expected to invigorate the economy. Yet, in a twist that calmed nerves across global markets, it revealed that President Trump revealed he would not, cont

The ending diagonal is one of the five structures in Elliott Wave theory and plays a crucial role in identifying supply or demand weakness. For experienced traders, it can even be used to trade against the trend and achieve the best risk-reward ratios. For beginner traders, this structure is a start

In focus today The main focus of the week is Donald Trump's 2nd Inauguration which takes place today at 18:00 CET. He will be officially sworn in as the President of the US and markets will closely follow his first executive orders and remarks to the public in the evening with special focus on possi