Silent Points about USDCHF: The USDCHF market is currently at the 0.8967 level, which serves as a support level. Price action indicates that the market has been testing this area, with sellers maintaining control for most of the week. Yesterday, the...
XAG/USD Price Forecast: Technical outlook The US Dollar Index (DXY), which tracks the US Dollar’s performance against six major currencies, is holding on to minor gains on Friday, trading around 106.50. This slight recovery follows disappointing...
So far, EUR/USD sellers appear strong, and they have also broken the 1.0427 level. This confirms a bearish scenario, indicating the need for cautious trading. The market has shown significant selling pressure, pushing the pair lower and maintaining...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2630 on the H1 timeframe. The market has been showing signs of bearish pressure, with the 70-period moving average (MA) trending downward, confirming the bearish sentiment. The...
Crude oil Daily Forecast Crude oil prices are currently facing significant downside pressure. A recent study of crude oil prices has shown that crude oil prices are struggling to maintain their momentum after peaking at $78 per barrel in early...
