The Swiss Francs has recently found support at the 200-day Simple Moving Average (SMA) around the 0.8820 mark. While the pair could still recover from this level and potentially resume its uptrend, mounting evidence suggests that a reversal might be...
The Spot price saw a slight upward movement during the early Asian session on Monday, reaching near 1.4270. This move was largely driven by the weakness of the US Dollar (USD) across the board. Investors remain on edge as they await more concrete...
The pair has struggled to maintain its upward momentum after a short two-day recovery from the 1.2620 region, which had previously marked a near two-month low. As the new week unfolds, the pair remains susceptible to additional declines, trading...
EUR/USD Technical Analysis: Methods and Insights 1. Support Resistance Levels Formal: Support and resistance levels are fundamental tools for technical traders. They identify price zones where the market repeatedly reverses or stalls. For EUR/USD:...
The GBP/USD currency pair initiated a rebound in early European trading on Monday, snapping a three-day losing streak and hovering around the 1.2640 level. However, a closer examination of the daily chart reveals a persistent bearish bias, as the...
