The Eurozone economy surprised markets with stronger-than-expected growth in the third quarter, as reported by Eurostat. The upbeat GDP data prompted traders to scale back expectations of a significant 50-basis-point interest rate cut at the...
Morning Star Candlestick Chart Pattern The Morning Star candlestick pattern is a bullish reversal pattern commonly observed in technical analysis, signaling the potential end of a downtrend and the beginning of an uptrend. This pattern consists of...
Hello. And here I can only agree, because for me too, not everything is clear about the GBPUSD pair. Although indeed we are mostly growing, and we can already talk about a local upward movement. But on the other hand, we have already taken the...
Technical analysis of the USDJPY pair The technical analysis of the pair on the 4-hour chart shows the beginning of an upward wave heading toward the weekly pivot level as well as the upper channel line. The price started trading this week within...
The Australian dollar continued to weaken against the US dollar on Wednesday, grappling with the renewed threat of US tariffs on Chinese imports. This uncertainty, stemming from the US administration's consideration of a 10% tariff on Chinese goods,...
