US Dollar (DXY) Eyes Multi-Month Low But Speculators are Trimming Their Short Positions
The US dollar chart remains weak with a short-term series of lower highs and lower lows highlighting the greenback’s weakness. A new multi-month low may be on the horizon.
Read More »Australian Dollar Forecast: RSI Flops Ahead of Overbought Territory
AUD/USD may consolidate over the coming days as the Relative Strength Index (RSI) appears to be reversing course ahead of overbought territory.
Read More »Hammer Candlestick Pattern: Strategy Guide for Day Traders
It is difficult for a trader to make a decisive decision without critically evaluating relevant information about the market. One of the effective tools in this decision-making process is price…
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