Forex and Cryptocurrency Forecast for September 09 – 13, 2024 EUR/USD: Markets Await ECB and Fed Meetings ● If the US economy is growing, investors buy up dollars to invest in the US stock market. As a result, the DXY Dollar Index rises. But as...
Bullish and bearish engulfing candlestick patterns are two of the most popular candlestick patterns among traders. They are reversal patterns that signify a change from the current trend. They go with these principles: The bullish engulfing pattern...
BTC Short Term Analysis : Btc is in a falling trend channel in the short term. This shows that investors over time have sold at prices to get out of the currency, and indicates negative devlopment for the currency. The currency is approaching...
Gold Technical Analysis : From a technical perspective, momentum beyond the 2524-2525 immediate hurdle will be seen as a fresh trigger for a bullish readers. Moreover, oscillatir on the daily chart are holding in positive territory and are still...
The US dollar/Japanese yen pair experienced a significant surge during late trading, gaining over 1.50% or 241 pips. This rally was triggered by comments from a Bank of Japan official suggesting that the central bank would maintain its current...