USD/CHF As of today, USD/CHF is hovering around 0.9060 after hitting a two-week low. The pair seems to be in a consolidation phase, lacking strong momentum in either direction. Technical Analysis: From what I’m seeing, USD/CHF is neutral. The RSI...
Running out of gas, Europe seeks to ramp up LNG imports The gas issue threatens to derail Europe’s economy. Natural gas reserves in the EU are depleting rapidly, demanding determined efforts to resolve the situation. According to a MUFG report, the...
AUD/USD Technical Analysis: The AUD/USD pair has been in a consolidation phase recently, holding between solid support at 0.6800 and resistance at 0.6900. At the moment, it's testing the 0.6850 level, which I see as a key area. The 50-day moving...
WTI crude oil futures have recently experienced a period of volatility, pulling back from a six-month high of $79.36 to the $75.00 level. This decline was accompanied by a weakening in technical indicators, signaling a potential shift in momentum. A...
GBPUSD currency pair - let’s consider the D1 period chart today. This week we have already developed growth, which, however, has been thrown down while testing the horizontal resistance level of 1.2370. The wave structure here is still building its...