Wrong and by...
The pair experienced a sharp decline on Thursday, dropping by half a percent and marking one of its worst trading sessions in the latter half of the year. This downturn followed disappointing Purchasing Managers Index (PMI) data from across the...
For investors seeking fresh insights into the interest-rate outlook, all eyes will be on the U.S. Consumer Price Index (CPI) data for September. The inflation report is anticipated to reveal steady growth in both monthly headline and core CPI, with...
PIERCING LINE CANDLESTICK PATTERN Piercing Line Candlestick Pattern *Definition:* A bullish reversal pattern, signaling a potential end to a downtrend. *Characteristics:* 1. Forms after a downtrend. 2. Two-candle pattern: - Candle 1: Large bearish...
The pair has seen limited downside, with the U.S. dollar maintaining its recent gains after stronger-than-expected economic data. However, dovish comments from the Federal Reserve may cap further advances for the greenback. Investors are now focused...