The EUR/USD has formed the expected bullish breakout above the former medium-term descending trendline resistance, which was in place from the 1 July 2025 high, and rallied by 0.8% to print an intraday high of 1.1778 on Tuesday, 9 September, during the Asia session at the time of writing. After last Friday’s, 5 September, weaker-than-expected […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…