On Friday, EUR/USD is on a downward trend, hovering around 1.0686 after a brief pause. The dollar briefly fell on the U.S. dollar. due to mixed economic indicators and market expectations, which made the special PCE inflation report central to the...
Latest USD/CHF Price Analysis Yesterday, the USD/CHF pair staged a nice comeback after a brief dip south. The price reversed course and pushed confidently north, forming a strong bullish candle that closed well above the previous day's high. This...
The Fry Pan Bottom candlestick pattern, also known as a rounding bottom or saucer bottom, is a bullish reversal pattern often seen in forex trading. It indicates a gradual shift from a downtrend to an uptrend, suggesting a potential buying...
The New Zealand Dollar (NZD) is facing pressure to sell again after a small pause. The spot prices of NZD/USD are currently trading at a record low level for the past three months, just above the critical 0.6000 level. This confirms a bearish...
The GBP/USD currency pair experienced modest declines, trading around the 1.2730 level during the early Asian trading session on Tuesday. This movement comes as market participants exhibit caution ahead of the release of the UK's labor market data,...