What are Harmonic Patterns? Harmonic patterns are specific price formations that adhere to Fibonacci ratios, which are widely used in technical analysis. They are named after geometric structures like butterflies, crabs, bats, and more, each with...
### Analysis of the EUR/USD Currency Pair and Potential Future Movements The EUR/USD currency pair, one of the most traded pairs in the forex market, is currently trading around 1.0684. As of now, the trend appears to be bearish, with the market...
CryptoNews of the Week – On Monday, 24th June, for the first time since 3rd May, the price of bitcoin fell below $60,000, reaching $58,468 at one point. Ethereum, meanwhile, dropped below $3,250. “The market is struggling to digest large sales,”...
Crude Oil (CL) Wednesday's Asian session saw a reversal of some of the previous day's retracement decline from the $81.65 region, or a nearly two-month high, in West Texas Intermediate (WTI) US crude oil prices. The commodity is presently trading at...
The EUR/USD currency pair, currently trading at 1.0739, has been experiencing a noticeable bearish trend. This decline in value is influenced by a combination of macroeconomic factors, geopolitical events, and prevailing market sentiments affecting...