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#SHIBUSDT Double Bottom Pattern if it rises from the second bottom towards the neckline and the neckline becomes support, the pattern becomes valid

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The first meeting of the Swiss National Bank this year will conclude on Thursday. Unlike the Fed and the ECB, which hold eight meetings a year, the SNB holds four meetings. Although there is no any expectation for the moment but a surprise interest rate cut decision or messages towards this may come. In a similar scenario, the EURCHF pair can be expected to...

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A new story may start above SMA 144, followed by a triangle breakout then 88.82 resistance level. If its fails pullback agains 79,17 support. On the fundamental analysis side; -Better than expected Chinese industrial production -Iraq's 100,000 barrel production cut starting next month -Ukrainian drones attack Russian oil refineries to be effective in near term pricing.

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Japan’s central bank established a new policy rate range of 0% to 0.1%, cancelled its yield curve control programme, and pledged to continue purchasing long-term government bonds. The yen fell after the Bank of Japan ended the world’s final negative interest rates in a widely expected move, but leaving financial conditions easy for now. After today's decision,...

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S&P500 stays under pressure before the FOMC. The markets are still expecting the Fed to start the rate-cutting cycle as early as the June policy meeting. But after the latest producer and consumer inflation data, Powell this could frustrate expectations.