EURUSD EURUSD outlook: The EUR/USD pair is currently stuck in a narrow range, reflecting the tug-of-war between the Eurozone's economic challenges and the U.S. dollar's strength. Fundamental Analysis: 1. Eurozone Struggles: Weak Economic Signals:...
EUR/JPY Market Analysis Greetings and Good Morning to everyone! We can notice a bullish scenario on EUR/JPY after the release of the German and French Flash and Manufacturing index on Friday. Today, I expect that the market will remain in favor of...
EUR/USD H 1 A rectangle has been identified. A rectangle identifies a formation that can be used to signal extending an uptrend in case the price breaks through the resistance. There is a probability of a further bullish push up to the 1.045...
AUD/USD Technical Analysis: I'm currently watching AUD/USD trade around 0.6585, with a slightly bullish trend after bouncing off the 0.6550 support level. The 50-day SMA near 0.6600 is a key resistance, and I’m keeping an eye on the 200-day SMA at...
Dragonfly Doji Candlestick Chart Pattern The Dragonfly Doji is a candlestick chart pattern that often signals potential reversals in the market. It is a unique formation seen in technical analysis and can provide traders with important insights...