EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EURUSD: "Three Methods" pattern
2019-11-11 • Updated
There's a bullish "Three Methods" pattern, so the price is rising. It's likely that the market is going to test the next resistance area, which could be a departure point for a bearish correction.
We've got a "Shooting Star", but this pattern hasn't been confirmed yet. Therefore, there's an opportunity to have a downward correction and the following bullish price movement little later on.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.