The EUR/USD currency pair, which measures the value of the Euro against the US Dollar, has recently shown a notable pattern in its trading behavior. Specifically, it has dropped below its ascending channel on two distinct occasions. These...
The British pound has been on a roll against the US dollar for the past three days. This upward trend is likely to continue in the near future, influenced by expectations of a weaker US dollar and a dovish Federal Reserve. The key factor driving the...
Retrace waves in Elliott wave theory Furthermore, wave probes show perpendicular waves as opposed to those occurring in perceptual and perpendicular wave systems. These are the main ones: There are 2 waves and 4 waves in the impulse wave. Wave B is...
On Friday, Crude Oil saw a notable increase of over one percent, trading at $77.77 per barrel. This recent price action highlights the ongoing volatility and dynamic nature of the oil market. Currently, Crude Oil is experiencing a short-term...
The GBP/USD currency pair has shown remarkable strength recently, capturing the attention of traders and analysts alike. Over the past month, the pair has demonstrated a consistent upward trajectory, culminating in a new two-month high. This...