WTI Daily Time Chat Analysis West Texas Intermediate futures fell nearly 10%. The index fell after hitting a strong resistance level at 80.59, the highest level in the last six months. The price fell below the 200-day simple moving average (SMA) and...
The NZD/ USD currency brace has continued its downcast trend, declining for the fourth successive day and trading around the 0.5640 position during Thursday's European trading session. The New Zealand bone ( NZD) is facing patient weakness,...
The Hammer Candlestick Pattern: A Comprehensive Guide What is a Hammer Candlestick Pattern? The Hammer candlestick pattern is a single-candle formation used in technical analysis to identify potential reversals in a price trend. It is often seen as...
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Main Takeaways about AUDUSD Currently, the AUDUSD market is moving around the 0.6211 level. The recent price action indicates that the pair has been experiencing fluctuations driven by key economic events. Earlier this morning, the U.S. Federal...
