The persistent rise in inflation supports the case for the Bank of Japan (BoJ) to consider tightening its ultra-loose monetary policy, a move that could impact the Japanese Yen's performance against major currencies. On the US side, the Federal...
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a crucial technical analysis tool used in trading to identify potential trend reversals, particularly at the end of a downtrend. What is a Hammer Candlestick? A Hammer is a single...
The US Dollar experienced a sharp unwinding of long positions following the latest Des Moines Register/Mediacom Poll, which revealed that Vice President Kamala Harris is leading former President Donald Trump by three points in Iowa—a state Trump won...
XAU/USD Technical Analysis Gold (XAU/USD) is currently trading around 2860.99, showing strong price action near key levels. The recent bullish trend remains intact, but price has encountered resistance, leading to rejection from higher levels....
NZD/USD Market Analysis Successful Breakout at 0.5688 and Bullish Momentum The NZD/USD currency pair has successfully broken through the 0.5688 zone, indicating strong buyer activity pushing prices upward. This breakout suggests that bullish...
