Analysis chart EUR /USD but the Fed meeting and rate decision are next week. Therefore, the Fed will have to rely on current data. Today, data on the producer price index will be released. Yesterday, traders failed to squeeze anything out of the...
The Three Tops pattern is a bearish reversal chart formation used in technical analysis. It signals that an uptrend may be coming to an end and a downtrend could follow. Here’s a breakdown of its key components and how traders might interpret it:...
EUR/USD slips out of 5 months RSI and MACD decrease in the reached territories. EUR/USD retreats after it has gained more than 5%since February 28, sending a market to a new five -month maximum to 1.0945. Technical oscillators also currently support...
The Fed has indicated a more measured approach when it comes to cutting interest rates, as inflation remains persistently above its 2% target, and the economy continues to perform well. Despite the optimism surrounding the US economy, external...
The GBP/JPY pair is showing potential for an upward move, with key resistance at 193.33 acting as a target for bullish traders. Investors are closely monitoring price action while considering fundamental and technical factors that influence the...
