What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...
The USD/CHF currency pair, currently trading at approximately 0.8978, has been in a bearish trend, reflecting a period of weakness for the US dollar (USD) against the Swiss franc (CHF). The decline in USD/CHF indicates various underlying economic,...
The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...
EUR-USD PAIR FORECAST This week starting from Monday the market is being corrected upwards, but has not been able to touch the 100 period simple moving average line, however, for the monthly trend, the price still appears to be running in the...
EUR/USD Analysis: Bearish Steady Continues Attempts to pull the EUR/USD pair back to its peak earlier in the trading week were unsuccessful as the pair quickly returned to a strong downtrend and gains failed to exceed the 1.0746 level. Stabilized at...