European Core CPI and Market Dynamics Despite no increase in the European Core Consumer Price Index (CPI), buyers have successfully crossed the 1.3415 level, indicating a breakout. According to the chart below, both bullish and bearish sentiments...
Analysis of the USD-CHF Currency pair This week's market trading activity has seen a fairly strong price strengthening with a total range on Friday reaching 200 pips. This price increase also formed a new high area that was higher in the last four...
Hammer candlestick pattern In a hammer candle, the opening, closing and high prices are located near each other creating a body at the top, while a long wick extends lower. The wick is usually twice as big as the body. Moreover, it can be helpful...
Ethereum exchange-traded funds (ETFs) have witnessed three consecutive days of net outflows, totaling $13.5 million. Grayscale's ETHE ETF led this trend with outflows of $20.3 million. Conversely, Bitwise's ETHW ETF saw inflows of $1.9 million....
In the H1 time frame, the USD/JPY pair is currently exhibiting a clear downtrend, as evidenced by the consistent creation of lower lows in recent candles. This pattern indicates that sellers are dominating the market, pushing prices downward with...