The US dollar is currently in no hurry to strengthen, and I believe this has allowed the Swiss franc, along with other currencies, to capitalize on the situation. I observe that the past trading week concluded near a significant support zone, from...
WTI crude oil futures on the NYMEX have rebounded to approximately $70.44 in Monday’s European session after touching a seven-week low near $70.00 on Friday. The market remains highly uncertain as geopolitical developments, economic indicators, and...
GBP/USD Price Action Review There was no significant price gap at the opening of the GBPUSD market this morning, but buyers immediately took control and brought GBPUSD back up to break its nearest resistance line. However, the bullish movement did...
Pipe Tops and Pipe Bottoms Candlestick Chart Patterns Candlestick chart patterns are widely used by traders to predict market movements. Among them, Pipe Tops and Pipe Bottoms are reversal patterns that signal potential trend changes. These patterns...
Technical Analysis: EUR/USD falls back from 1.0530 EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift the economy. Weak US...
