The British pound is flexing its muscles against a weakening US dollar, fueled by growing investor confidence in a Federal Reserve interest rate cut come September. This bullish sentiment comes despite a recent surprise: hotter-than-expected...
Navigating the EUR/USD Currency Pair The Euro (EUR) has gained significant ground against the US dollar (USD) over the past three days. It managed to break through the upper limit of its recent trading range on the daily chart and even closed the...
The AUD/USD currency pair is currently displaying a bearish bias, with sellers firmly in control of the market dynamics. This bearish sentiment is evident as sellers repeatedly intercept price action at key resistance levels, effectively halting any...
Piercing Pattern Introduction to Piercing Pattern In the vast ocean of Forex trading, where every tick of the market can signify a potential opportunity, understanding key patterns is essential. One such pattern, known for its reliability and...
EUR/USD H-4 Hello! The forecast for 1.0914 came true and yesterday EURUSD rose almost to the monthly extreme of 1.0914, but fell a little short of the indicated figure - this may mean that next week we will begin a short-term decline. But in...