As dollar eyes third-weekly win, traders are doubling down on their bearish bets
As dollar eyes third-weekly win, traders are doubling down on their bearish bets
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EUR/USD Rises to 2.5-Week High Ahead of ECB Meeting
Today at 15:15 GMT+3, the European Central Bank (ECB) will announce its interest rate decision, followed by a press conference at 15:45 GMT+3. According to Forex Factory, the main refinancing rate is expected to remain unchanged at 2.15% after seven consecutive cuts. In anticipation of these events, the EUR/USD exchange rate has risen above the…
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Dollar Slumps as Risk-On Mood Prevails Under Trump’s First Week – Action Forex
Dollar ended the week as the worst-performing major currency, largely weighed down by strong risk-on sentiment that took hold after President Donald Trump’s first week in office. Investors had anticipated more aggressive trade measures from the new administration, but Trump instead struck a relatively softer tone on tariffs, leading to improved risk appetite in equities…
Thrusting Pattern: Examples and Trading Strategies | LiteFinance
2025.02.26 2025.02.26 Thrusting Candlestick Pattern: Learn How To Trade It Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ A Thrusting candlestick is a technical analysis pattern that indicates a trend continuation following a correction. It enables traders to predict price action and identify optimal entry and exit points. Technical analysis empowers traders to assess market intricacies and implement optimal trading strategies…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 08.10.2024 | LiteFinance
2024.10.08 2024.10.08 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.10.2024 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Highlights and key points BTCUSD: the rate is expected to decline in impulse C. Consider short positions from the…
Australia Westpac consumer sentiment dips -2.6% mom after RBA hike, but impact contained – ActionForex
Australia’s Westpac Consumer Sentiment Index fell -2.6% mom to 90.5 in February, reflecting the immediate impact of the RBA’s first rate hike in more than two years. However, Westpac noted that the overall hit to confidence was “relatively mild” by historical standards. The February decline was smaller than the average fall typically seen after rate…
