The oil market is experiencing a period of cautious trading on Wednesday because investors are waiting for critical economic events, including a decision on the interest rate of the federal reserve and oil reports in the US. This uncertainty has led...
USDCHF USDCHF outlook: The USD/CHF pair is currently in a consolidation phase, with the US dollar remaining relatively strong, supported by the latest economic data, particularly the Consumer Price Index (CPI). The CPI rose 2.9% in December,...
EURGBP Daily Time Chart Analysis The EURGBP currency pair is under severe downward pressure. Expectations for an interest rate decision by the European Central Bank are fueling bearish sentiment. The currency pair fell by more than 1%. This...
Technical analysis of USDCAD Today I chose USD/CAD for technical analysis; the market is currently trading below the 1.4478 resistance level in an uptrend. The market price moves up the trend line to help you push the price higher. With the help of...
The Hammer Candlestick Pattern: A Comprehensive Guide What is a Hammer Candlestick Pattern? The Hammer candlestick pattern is a single-candle formation used in technical analysis to identify potential reversals in a price trend. It is often seen as...
