The EUR/JPY currency pair experienced a decline during early European trading on Wednesday, with the Japanese yen strengthening against the euro. This downward movement was primarily driven by stronger-than-expected producer price index (PPI) data...
Bearish Abandoned Baby Candlestick Chart Pattern The Bearish Abandoned Baby is a relatively rare but powerful candlestick pattern used in technical analysis to predict a potential reversal from an uptrend to a downtrend. Here’s an in-depth breakdown...
Gold has demonstrated a strong bullish movement, as indicated by its upward trajectory from the 2635 region to recent highs near 2711. This rally is marked by consistent higher highs and higher lows, signaling a clear uptrend. Currently, the price...
Important Points about USDCAD: The USDCAD market is currently trading at the 1.4190 level, positioning itself within a crucial zone as market participants await key economic data releases. In the coming hours, the Canadian Unemployment and...
The AUD/USD pair continues its downward trajectory, hitting a four-week low of 0.6386 on Wednesday. The decline is mainly influenced by the decision of the Reserve Bank of Australia (RBA) to keep interest rates at 4.35% per annum for the ninth...
