The pair has recently fallen below the 1.1100 mark, driven by a sharp slowdown in inflation rates in Germany and Spain, which has weakened the Euro. The annual Harmonized Index of Consumer Prices (HICP) for Spain slowed to 2.4%, marking its slowest...
Symmetrical Triangle Chart Pattern The Symmetrical Triangle chart pattern is a common technical analysis pattern used in trading and investing. It represents a period of consolidation in a financial instrument's price, where the market is...
AUDUSD The bullish potential has not been fully maximized by this pair, even though if observed on the daily chart, the resistance of 0.6800 has been penetrated repeatedly, but the price has not been able to close above it, then it raises a sense of...
GBPUSD As I said that last Thursday it seemed that the GBPUSD price condition was successfully dominated by buyer sentiment, so we can clearly see on the daily timeframe that at that time it had succeeded in forming a bullish candlestick with a...
The euro experienced a slight dip at the start of the week and selling pressure intensified early on Monday. However, the trend shifted when the European Central Bank (ECB) announced a rate cut and maintained a somewhat hawkish stance in the short...