The Euro/dollar currency pair experienced a third consecutive loss on Wednesday, as market sentiment turned negative following the EU parliamentary elections. The elections revealed a significant shift towards center-right and far-right parties...
Rounding Top Candlestick Pattern? A Rounding Top is characterized by its gradual, arc-shaped formation atop an uptrend. It signifies a shift in momentum from bullishness to potential bearishness, indicating that the asset's price might be nearing a...
USD/JPY H-1 Good day, colleagues and traders! The Moving Average indicator for this pair is below the price, which corresponds to a buy signal. The intersection of the MACD indicator to the top also confirms purchases, as does the trend indicator....
EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
AUD/USD currency pair, currently trading at around 0.6685, has been experiencing a bearish trend. This decline suggests a period of weakness for the Australian dollar (AUD) against the US dollar (USD). Several factors could be contributing to this...