The British pound experienced a significant downturn against the US dollar on Friday, registering a loss exceeding 1% as a wave of risk aversion swept through the financial markets. This sharp depreciation was primarily triggered by China's...
Candlestick patterns offer valuable insights during pullbacks, providing visual cues about potential trend reversals. Patterns like bullish engulfing, hammer, or doji formations at key support levels can indicate a potential reversal in the price...
The memo called for federal agencies to assess U.S. trade policies and evaluate trade relations with China and America’s continental neighbors, according to the Wall Street Journal (WSJ). Trump also hinted at solutions to the trade imbalance,...
The chart provided is a 15-minute candlestick chart of the Gold Spot price against the U.S. Dollar (XAU/USD), showing price movements over a period spanning from April 3 to April 6. This type of chart is commonly used in technical analysis to track...
The EUR/USD currency pair experienced a retracement towards the critical 1.1000 psychological level following the conclusion of European trading on Friday, effectively surrendering a portion of the gains it had accumulated earlier in the week....
