On Thursday during the Asian trading session, the currency pair rebounded from a three-day losing streak, trading around 1.3046. This upward movement is largely due to a weakening of the USD, as market expectations increase for a more aggressive...
Bullish Engulfing and Morning Star are two distinct candlestick patterns used in technical analysis to predict a bullish reversal, signaling a potential shift from a downtrend to an uptrend. Here's a breakdown of both: Bullish Engulfing Pattern The...
AUD/USD MARKET ANALYSIS SEPTEMBER 13, 2024 From the structure of the characteristics of the candlestick movement that occurs in the AUDUSD currency pair using a chart on the daily timeframe, it can be seen that the price movement last night was...
Crude oil prices experienced a volatile week, with a brief rally followed by a pullback. While concerns about Tropical Storm Francine's impact on US production initially boosted prices, the belief that the disruption would be short-lived and easily...
USD/CHF Fundamental Facts to Watch The USD/CHF currency pair, representing the US dollar against the Swiss franc, is significantly influenced by economic data, central bank policies, and global events. Recently, the Swiss franc has strengthened...