Investor concerns are slowing down the growth of the Brazilian economy The easing of the monetary policy of the US Federal Reserve and China's intention to stimulate its economy create favorable conditions for Brazil. Despite this, Moody's, which...
AUD/USD pair has been trading within a specific range for some time, and my analysis suggests that the pair may decline to the support level at 0.65209. Historically, this level has provided a strong base, making it critical for setting take-profit...
The EUR/USD currency pair has recently been caught in a consolidation phase, lingering just below the 50-day exponential moving average (EMA) around the 1.1040 level. This consolidation is indicative of a tug-of-war between bullish momentum and...
What Is a Tweezer? Tweezers are candlestick patterns that signify potential reversals in market trends. These patterns occur when two consecutive candlesticks share similar highs or lows, forming a "tweezer" shape on the price chart. Tweezers can be...
EUR/JPY TECHNICAL ANALYSIS: On the EUR/JPY D1 time frame, the market remained largely in favor of buyers throughout the previous week. Bullish momentum has been prominent, pushing the pair to higher levels as the euro gained strength against the...