I observe that USD/CHF is currently trading in a mixed technical environment, with conflicting signals suggesting both caution and opportunity for intraday scalpers. While the pair remains below the daily opening level of 0.8835, it holds above the...
USD/JPY The USD/JPY pair has been showing strength recently, fueled by a bullish USD and Japan’s ongoing dovish stance on monetary policy. Technical Analysis: I’ve noticed that the pair has broken above the key 135.00 resistance level, which could...
Crude Oil (#CL) Technical Analysis Crude Oil (#CL) is trading at 67.72, showing consolidation near the support level of 65.12 and below the resistance at 68.42. The Zigzag Indicator, which filters out minor price fluctuations and identifies key...
The euro exceeded a little lower in the early negotiation on Wednesday, which caused speculation about whether the market is forming a double potential pattern. While it is too early to base commercial decisions only on this technical formation, it...
EUR/USD EUR/USD Remains Close To 1.0900 On A Steady Dollar EUR/USD remains struggling to capitalize on the US Dollar's uncertain price action, retreating modest to the 1.0900 range as market participants respond to lower-than-expected US inflation...