The yield on the benchmark 10-year U.S. government bond has dropped to its lowest level since mid-2023, as traders now price in a nearly 100% probability of a 50-basis point rate cut by the Federal Reserve in October. This overshadowed Tuesday's...
USD/CAD Technical Analysis: Current Price Action and Outlook Our attention is on analyzing the USD/CAD currency pair, which is now in consolidation after reaching a high of 1.3836 in the past few sessions This was followed by a corrective move,...
PIERCING LINE CANDLESTICK PATTERN Piercing Line Candlestick Pattern *Definition:* A bullish reversal pattern, signaling a potential end to a downtrend. *Characteristics:* 1. Forms after a downtrend. 2. Two-candle pattern: - Candle 1: Large bearish...
West Texas Intermediate (WTI) oil faces increasing pressure due to slowing demand from China, the world's largest oil consumer. China's economy continues to grow at a sluggish pace, and recent data showed that its manufacturing activity hit a...
EURUSD TRADE UPDATE 17 10 24 \/ Trade Closed with a SOLID GAIN. Previous Post: Trade Close Summary. PARTNER WITH ME. SUBSCRIBE TO MY TRADING. JOIN ME CONTACT CHANNELS: SKYPE: cid.4420e75e7a4b7bc7 Or SKYPE USERNAME: Hump DD EMAIL:...