NZD/USD Price Forecast The CB Consumer Confidence Index dropped to 98.7 this month from an upwardly revised 105.6 in August, registering the largest decline since August 2021. Meanwhile, The Richmond Fed index fell to a 52-month low of -21 from a...
USD/JPY H-1 Hello to all forum members! As of writing, the USD/JPY pair is witnessing a southern correction in the upper half of the chart, at 143.290. The Instaforex indicator on this forum shows a slight advantage for buyers in the first section,...
What precisely is a “Dragonfly Doji”? Introduction to Candlestick Patterns In the world of trading, whether it's stocks, forex, or cryptocurrency, candlestick patterns are indispensable tools. They provide a visual representation of price movements...
Technical Analysis: EUR/USD EUR/USD rises to near 1.1200 as the Euro gains despite deepening worries over Eurozone economic growth. The ECB is expected to cut interest rates once in any of the remaining two policy meetings this year. The next major...
The EUR/USD pair struggled to maintain its bearish momentum and initiated a correction against the US Dollar, following a low of 1.1103 in the European trading session today. On the 1-hour timeframe, a bullish trend reversal has emerged, supported...