GBP/USD: What’s Happening Right Now(February 10,2025)? Bank of England Cuts Rates The British pound took a hit recently after the Bank of England announced a rate cut, lowering interest rates from 4.75% to 4.5%. This move, aimed at boosting the UK...
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key technical analysis pattern used in stock, forex, and cryptocurrency trading. It signals a potential reversal from a downtrend to an uptrend and is classified as a bullish...
USD/CAD: Where the Market Stands Right Now(February 10,2025) The U.S. Dollar’s Strength Comes From More Than Just Hype The American economy keeps proving its resilience, with job reports showing solid employment numbers and wages staying firm. A...
Trend Moving Towards The Bullish Side If we monitor the market situation for the AUDUSD pair since the beginning of February, it can be seen that the trend is moving towards the bullish side. The upward journey broke the control of the seller who...
Bearish Mat Hold Candlestick Chart Pattern The Bearish Mat Hold is a rare but powerful continuation candlestick pattern that signals the continuation of a downtrend. It typically appears in strong bearish markets and is used by traders to confirm...
