The pair has seen limited downside, with the U.S. dollar maintaining its recent gains after stronger-than-expected economic data. However, dovish comments from the Federal Reserve may cap further advances for the greenback. Investors are now focused...
EURUSD TRADE UPDATE 17 10 24 \/ Trade Closed with a SOLID GAIN. Previous Post: Trade Close Summary. PARTNER WITH ME. SUBSCRIBE TO MY TRADING. JOIN ME CONTACT CHANNELS: SKYPE: cid.4420e75e7a4b7bc7 Or SKYPE USERNAME: Hump DD EMAIL:...
PIERCING LINE CANDLESTICK PATTERN Piercing Line Candlestick Pattern *Definition:* A bullish reversal pattern, signaling a potential end to a downtrend. *Characteristics:* 1. Forms after a downtrend. 2. Two-candle pattern: - Candle 1: Large bearish...
West Texas Intermediate (WTI) oil faces increasing pressure due to slowing demand from China, the world's largest oil consumer. China's economy continues to grow at a sluggish pace, and recent data showed that its manufacturing activity hit a...
Hello traders, welcome to a new post on the Forex blog. In this article, we will look at the short-term Elliott wave analysis of AUDUSD. We believe that the forex pair is still in a bearish correction cycle since the end of September 2024. So the...