Critical Factors about EURUSD: The EURUSD market is trading at the 1.0414 level. Recent economic events, including the ECB's press conference, German Economic Sentiment, and French Flash PMI, have not provided any significant benefit to the pair....
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...
USDJPY Daily Time Chart Analysis The non-farm payrolls report due out at 1:30 p.m GMT on Friday is expected to weigh on broader markets. Investors are awaiting reports that the Federal Reserve is preparing for another rate hike. Forecasters expect...
Vital Components for USDCAD: We can see that the Canadian Overnight Rate and other news events have not provided any significant benefit to the Canadian Dollar. Instead, USD-related news has strengthened it considerably. The market is currently...
Forecast of Crude Oil The price of Crude Oil has been in a bearish trend since January 20th, according to the H4 time frame chart, therefore I kept a close eye on the bearish movement during these 10 trading days. However, the price of Crude Oil was...
