The Dollar continues to face selling pressure, fueled by concerns over an economic slowdown in the United States. With persistent inflation and growing economic uncertainty, the Federal Reserve (Fed) is expected to maintain its current monetary...
Note that the ratios won’t always line up perfectly, so use your judgement to determine whether the pattern is valid. The ratios are simply guidelines to identify potential Crabs. It’s always best practice to use your discretion and consider other...
AUD / USD: An Hourly Time Frame Suggestions On Friday, the price of AUDUSD again dropped and hit the 0.6036 level, which indicates that the market is in an extraordinary situation. The situation noticed in the past week reflects unusual pressure on...
Forex Bar Chart: A Key Tool for Technical Traders What is a Forex Bar Chart? A Forex bar chart, also known as an OHLC (Open, High, Low, Close) chart, is a type of financial chart used to represent price movements of currency pairs over specific time...
The EUR/USD pair lost its bullish traction in the latter part of Friday's session, sliding toward the 1.0930 support area as the US Dollar Index (DXY) regained strength, posting fresh short-term highs. This resurgence follows a brief USD selloff...