EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
The Euro/dollar currency pair experienced a third consecutive loss on Wednesday, as market sentiment turned negative following the EU parliamentary elections. The elections revealed a significant shift towards center-right and far-right parties...
The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...
The USD/CAD currency pair has experienced slight gains, currently trading around 1.3710, marking the end of a four-day losing streak during the early Asian trading session on Thursday. This uptick in the US dollar (USD) is notable after a period of...
USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...