AUDUSD Daily Time Chart Analysis The AUD/USD pair has entered a downtrend and has been trading below its 20-day simple moving average (SMA) for four trading sessions. The weakness came after the US imposed new tariffs on Chinese imports, prompting...
USD/CHF Market Outlook Good Morning, Traders! As we start the trading day, the focus is firmly on the impending release of the US Core PCE Price Index and Employment Rate. These economic indicators are pivotal, as they will significantly influence...
USD/CHFrice Overview Technical analysis plays a crucial role in forex trading, and today we will analyze the USD/CHF currency pair on the H4 time frame. In this analysis, we will utilize moving averages and the stochastic oscillator to assess market...
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The previous resistance area around 1.2505 has now transformed into a support level, providing a solid foundation for further bullish activity. The formation of bullish candles near this demand zone suggests that the buying pressure is likely to...