Shezuka trading discussion The central bank has kept rates at 4.35% for seven consecutive sessions but has warned that they may raise rates if inflation does not ease. While the slight decrease in core CPI is good news, it may not be enough to halt...
New Zealand Dollar/US Dollar Technical Analysis In the past trading week, the New Zealand dollar failed to break above the 0.6198 barrier and started a downtrend, reaching lows near 0.6082. Here, the quotes found support, which may halt its decline...
Shezuka trading discussion Regarding GBP/JPY on Friday, after a slight southern pullback, the price reversed and continued to push in a northern direction, resulting in the formation of another bullish candle that managed to update the previous...
The AUD/USD currency pair, currently hovering around 0.6671, has been showing a bearish trend. This movement suggests a downtrend, with the Australian dollar weakening against the US dollar. Despite this recent downward pressure, various factors...
The bearish belt holding pattern is a candlestick example of the possibility of a bearish reversal in the forex market. It is usually at the end of a trend and indicates that market sentiment may be moving from trend to trend downward. Here is a...