US Employment Growth Weakens Recent data released on Wednesday revealed that US employment growth in March was significantly lower than previously estimated. This decline in job creation raises concerns about potential cooling in the labor market...
GBP/USD Analysis After breaking its resistance level of 1.3230, the market went back up. As a result of the market touching the resistance of its trendline, it fell back down, breaking its support level of 1.3135. Currently, the market is below the...
What Is a Double Top Pattern? In technical analysis, a double top pattern meaning refers to a chart pattern that consists of two swing highs with a trough in between, and the two highs should be at the same or almost the same level. Some traders...
The USD/JPY currency pair is currently navigating through crucial technical levels that could significantly influence its near-term direction. Traders and investors are closely watching these levels as they attempt to assess the potential movements...
AUD/USD: Let's discuss the topic of the analysis of the AUD/USD currency pair's price behavior. The AUD/USD pair exhibits short-term downward momentum, as indicated on the H1 chart. The 120-period Moving Average confirms this bearish direction,...