Scott Bessent, President Donald Trump's nominee for Treasury Secretary, recently highlighted the importance of maintaining the US Dollar as the world's reserve currency to ensure the nation’s economic stability and long-term prosperity. Bessent...
The EUR/JPY currency pair experienced a notable downturn, relinquishing its grip around the 159.40 threshold during the initial hours of European trading on Friday. This shift in momentum was largely attributed to prevailing market uncertainties and...
Fractals, in the context of technical analysis, refer to a specific type of indicator introduced by Bill Williams. These fractals highlight potential reversal points in price movements. The concept is based on the idea that financial markets exhibit...
I observe that the NZD/USD pair has shown notable upward momentum recently, aligning with key levels established since late January. I note that the price remains above the senior moving average, currently positioned at 0.5825, which reinforces my...
Hello. Yes, so far sellers cannot do anything special in terms of developing the correction, buyers updated the maximum yesterday, in general they can continue to grow further, especially since the Pound is famous for its large passes without...
