Important Points of AUDUSD: Today's news related to the USD is quite positive, creating a favorable environment for investors and market participants alike. The recent reports highlight that the US Philly Fed Manufacturing Index has risen to 10.1%....
The 25 basis point cut by the ECB has probably been fully factored in. The current high expectation of a further ECB rate cut in December faces an increased risk of overvaluation. Watch for key medium-term support at 1.0780/0750 on EUR/USD. Over the...
What are Pennant Patterns? Pennant Pattern is a continuation pattern formed by large currency pair price movements that help identify the direction in which currency pairs are headed. The pattern resembles the shape of a flag, which denotes a...
The Rising Window is an important concept in Japanese candlestick analysis, primarily recognized as a bullish continuation pattern. This pattern typically emerges after a notable upward price movement, signifying a brief pause where sellers are...
We're concentrating on the assessment of the GBP/USD pair's price movements. Meanwhile, the EUR/USD exchange rate between the euro and the U.S. dollar is undergoing significant shifts due to a combination of technical and fundamental drivers. The...