T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning fellow traders. Today we will discuss the EUR/USD market which may be very beneficial for trading this week. Now let's talk about today's chart, which has been prepared in the time frame...
The likelihood of the Federal Reserve cutting interest rates by 25 basis points to a range of 4.25%–4.50% has significantly decreased, dropping to 59% from over 82% just a week ago. This shift in market expectations followed comments from Fed Chair...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Hello. I'll attempt to conduct a quick analysis of the Crude oil. Crude oil is trading at 62.31 at the time of writing. As the Crude oil pair gains downward momentum, it should continue to rise. It...
Japan’s preliminary third-quarter (Q3) Gross Domestic Product (GDP) growth came in at 0.2% quarter-on-quarter (QoQ), a slowdown from the 0.5% growth seen in the previous quarter, and in line with market expectations. The annualized GDP grew by 0.9%,...
Analysis of GBP/USD: The GBP/USD pair has already formed a Head and Shoulders pattern on the timeframe we're looking at, which is considered one of the most well-known reversal patterns in technical analysis. This pattern suggests a potential shift...