EUR/USD Analysis After a weak start to the week, the US dollar (USD) was able to maintain its recovery from last week, while EUR/USD experienced additional selling pressure and fell below 1.0300, hitting multi-day lows. Amid weak US rates and...
Current Market Analysis of EUR/USD The EUR/USD currency pair is currently trading at 1.0412, with its last low recorded at 1.0382. The Relative Strength Index (RSI) is slightly below the neutral level of 50, indicating a potential bearish momentum....
AUD/USD Faces Selling Pressure as the U.S. Dollar Holds Strong(February 11,2025) U.S. Dollar Dominance Keeping the Aussie in Check The U.S. dollar isn’t backing down, staying well-supported by solid economic data. Strong job growth and persistent...
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key reversal pattern in technical analysis, often signaling a potential trend reversal in financial markets. It typically appears at the bottom of a downtrend and suggests a...
Morning Star Candlestick Chart Pattern The Morning Star is a bullish candlestick pattern that signals a potential reversal from a downtrend to an uptrend. It typically appears at the bottom of a downtrend and consists of three candles: Structure of...
