General Points about USDCHF: The sellers of USDCHF have also been quite strong, similar to the sellers of USDCAD, showing how interconnected various currency pairs can be in reaction to economic events. A key factor driving this strength in USDCHF...
EUR/JPY H1 Chart Analysis – Strong Bearish Trend Definition of a Bearish Trend The H1 chart of EUR/JPY indicates a robust bearish trend, characterized by price consistently forming lower highs and lower lows. This trend is confirmed by both price...
Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
The USD/CAD pair experienced a slight rebound during Monday's European session, trading around 1.4350 after a four-day decline. However, the overall technical picture remains uncertain, reflecting a tug-of-war between buyers and sellers. The daily...
As of February 10, 2025, gold (XAU/USD) has reached unprecedented levels, with spot prices hovering near record highs. This surge is primarily driven by escalating global trade tensions and investor flight to safe-haven assets. Current Economic...
