The Dollar Index (ICE) is currently positioned for a potential rally, provided it maintains support above the critical pivot level of 106.2000. This key threshold will determine whether the ongoing bullish momentum can persist or if the index is at...
Thrusting Chart Pattern The Thrusting Pattern is a type of continuation candlestick pattern that appears in technical analysis of financial markets. It signals that the current trend (usually bearish) is likely to continue. Here’s a breakdown of...
EURUSD Technical Analysis EURUSD is currently trading around 1.0498 on the H1 timeframe, showing a strong bearish trend as the price remains below the 150-period moving average. The market has experienced a continuous decline, indicating persistent...
Riding the Waves: USD/ CAD Prices The USD/CAD pair has been showing a strong uptrend, extending its uptrend into the fourth consecutive trading day and reaching around 1.4330 on Wednesday. The continued appreciation of the US dollar against the...
General Points about USDCHF: The Swiss GDP rate announcement tomorrow is expected to have a significant impact on the CHF, potentially strengthening its position in the market. It is expected that the upcoming Swiss GDP rate tomorrow will benefit...
