Monthly Archives: March 2025
Traders observe USDCHF, hoping for a breakout above 0.8848–0.8862 resistance level while consolidating
Written on March 26, 2025 at 6:51 pm, by davin
USDCHF consolidates near 0.8848; a breakout targets 0.8862, while support lies at 0.8827 and 0.8794.
The New Zealand Dollar is expected to fluctuate within a range of 0.5715 to 0.5755
Written on March 26, 2025 at 6:28 pm, by davin
NZD is trading range-bound, with resistance at 0.5755 and support at 0.5650/0.5670, showing a downward bias.
Reeves anticipates UK GDP growth of 1% this year, indicating a challenging fiscal outlook ahead
Written on March 26, 2025 at 6:21 pm, by davin
UK GDP growth revised to 1.0%; borrowing increased; tax evasion targeted; debt forecast at 82.7% of GDP.
In March, MBA mortgage applications in the United States rose from -6.2% to -2%
Written on March 26, 2025 at 6:00 pm, by davin
US mortgage applications dip 2%; EUR/USD, GBP/USD fall on tariff concerns; gold, Bitcoin remain stable.
According to analysts at Societe Generale, maintaining support at 1.2810/1.2780 is vital for GBP/USD’s upward momentum
Written on March 26, 2025 at 5:23 pm, by davin
GBP/USD nears 1.3045, faces pullback. MACD weakens. Key support at 1.2810/1.2780 critical for uptrend.
The USD/CAD pair continues its downward trend, approaching 1.4250 for the third consecutive day
Written on March 26, 2025 at 4:53 pm, by davin
USD/CAD declines toward 1.4250 as CAD strengthens; market watches interest rates, oil prices, and upcoming economic data.
Silver futures show bullish momentum above 34,275; bearish bias triggers below 34,180 for analysis
Written on March 26, 2025 at 4:51 pm, by davin
Silver futures remain bullish above 34,275, targeting 34,820. A drop below 34,180 signals potential bearish targets.
Mortgage applications decreased recently, primarily due to reduced refinancing, while purchase activity improved slightly
Written on March 26, 2025 at 4:21 pm, by davin
US MBA mortgage applications fell 2.0%, driven by reduced refinancing, while purchase activity saw a slight increase.
Following an agreement, oil prices fell due to a maritime ceasefire between Russia and Ukraine
Written on March 26, 2025 at 3:53 pm, by davin
Oil prices fell after the ceasefire announcement but rebounded amid supply risks and declining US crude inventories.
As crucial market events approach, USDCHF remains confined within a 100-pip trading range.
Written on March 26, 2025 at 3:51 pm, by davin
USDCHF trades in a range as traders await US tariffs; support at 0.8760, resistance at 0.8860.