The euro (EUR) weakened against the US dollar (USD), reaching a new two-month low of 1.0900 during the North American trading session on Thursday. This decline was triggered by the release of the US Consumer Price Index (CPI) report for September,...
In the world of forex trading, understanding market movements and identifying key support and resistance levels are crucial for making informed trading decisions. The USD/CAD (U.S. Dollar/Canadian Dollar) currency pair is influenced by various...
The British pound sterling (GBP) is exhibiting a cautious bias towards the 1.3075 area during the Asian session on Thursday, despite lacking strong bullish conviction and remaining within striking distance of the previous day's near one-month low....
The US dollar (USD) is facing immediate support at 0.8560 ahead of the European session on Friday, while the Swiss franc (CHF) is gaining strength. The US Dollar Index (DXY), which measures the greenback's value against six major currencies, remains...
Thank you for bringing up the tweezer candlestick pattern in the context of forex trading. The tweezer pattern is a valuable tool for traders looking to identify potential reversals in currency pairs. What is the Tweezer Pattern? The tweezer...