EURUSD Technical Analysis EURUSD has shown mixed price action in recent sessions. On the daily timeframe, the pair is currently trading around 1.04632, with the 150-period moving average still positioned above the price, indicating a long-term...
Market Fundamentals: The Swiss Franc (CHF) remains under pressure as investors anticipate further interest rate cuts by the Swiss National Bank (SNB). With Swiss interest rates already lowered to 0.5% amid concerns that inflation may fall below the...
USDJPY currency pair - the week is ending. Let’s consider the chart of the D1 period. The wave structure still has an ascending character of construction, because there was no update of the bottom of the previous wave. But the MACD indicator is...
Market Fundamentals: The latest data from the Bureau of Labor Statistics revealed that the US Consumer Price Index (CPI) rose by 2.9% year-over-year in December, aligning with market expectations and exceeding the previous reading of 2.7%....
Stick Sandwich Candlestick Pattern The Stick Sandwich is a candlestick pattern that is often used in technical analysis to identify potential market reversals. It consists of three candlesne large candle, followed by a small candle, and then another...