Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key technical analysis pattern used in stock, forex, and cryptocurrency trading. It signals a potential reversal from a downtrend to an uptrend and is classified as a bullish...
Hello, dear forum members. How are you? Today, I am going to share my EUR/USD analysis. we’ll reassess whether there’s an opportunity to go short again. Let's review the chart prepared for this time frame. As of now, EUR/USD is trading at 1.0327....
GBP/USD: What’s Happening Right Now(February 10,2025)? Bank of England Cuts Rates The British pound took a hit recently after the Bank of England announced a rate cut, lowering interest rates from 4.75% to 4.5%. This move, aimed at boosting the UK...
The USD/JPY pair is maintaining a cautious tone near the 152.00 level as the new week begins, influenced by a mix of factors. On one hand, US President Donald Trump’s tariff threats have bolstered the US Dollar’s safe-haven appeal, providing some...
EUR/USD As of today, EUR/USD remains under pressure, trading near a two-year low. The recent drop is largely driven by the U.S. dollar’s strength, following President Trump’s announcement of new 25% tariffs on all steel and aluminium imports. This...