Euro and US Dollar Fluctuations on Friday On Friday, the euro experienced significant fluctuations against the US dollar. Initially, during the Asian trading session, the euro dropped below the 1.0340 mark, hitting a three-week low. However, it made...
The EURCAD pair finally managed to push up after consolidating for almost a day. The price opened last Friday at 1.4923, and the previous day's decline tried to rise after being rejected from the EMA 200 H4 and EMA 633 H4, with a position close to...
The Bullish Inside Bar Pattern is a candlestick pattern in technical analysis that signals potential bullish continuation or reversal. It's a reliable pattern that traders use to anticipate upward price movements. What is a Bullish Inside Bar...
As the pair closes in on a significant historical trendline, it is now forming a Rising Wedge pattern, a technical formation that typically signals a bearish reversal. This pattern suggests that the pair may be poised for a downward breakout,...
RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
