Hello, EUR/USD continues to trade around the 1.0500 mark in the US session on Tuesday. A negative shift in risk sentiment revived safe-haven demand for the US dollar earlier in the day, while strong US retail sales data put near-term pressure on the...
USD/CHF Technical Analysis: Overview and Outlook Current Market Situation: The USD/CHF market declined today after reaching an intraday high of 0.8975. It is currently trading around 0.8923, showing signs of weakness. On the daily chart, the USD/CHF...
EUR/USD Technical Analysis and Outlook The EUR/USD market is currently trading near 1.0500 and testing the key support on the hourly chart. The EUR/USD market price is interacting with the 100 simple moving average near the support level of 1.0495....
Support and Resistance Support and Resistance are key concepts in technical analysis used by traders to identify price levels where a stock, commodity, or asset might experience buying or selling pressure. These levels help traders make decisions...
The Australian dollar continued its downward slide in early trading on Tuesday, weighed down by a combination of domestic economic weakness and broader concerns about China's economic outlook. Australia's heavy reliance on China as its largest...
