In early trade, the Light Sweet Crude Market (WTI) has experienced a significant demonstration, with prices currently around 50 days. The operators are closely observing the level of $ 72.50, which seems to be a critical resistance area. A rupture...
The GBP/USD hourly chart demonstrates a well-defined bullish trend, with the price currently hovering around 1.2605. The pair has been consistently forming higher highs and higher lows, confirming strong upward momentum. The Bollinger Bands indicate...
GBP/CHF Forecast for February 20, 2025 After testing the target level of 1.1411, which marked the peaks of March and April 2023, GBP/CHF has reversed downward, creating a divergence with the daily Marlin oscillator. Currently, the price is...
20 February 2025 AUD/USD recovers above 0.6350 Australian Dollar (AUD) is under mild downward pressure vs US Dollar (USD); it could edge lower but is unlikely to break below 0.6305 (there is another support at 0.6325). In the longer run, momentum...
As of Thursday, the AUD/USD pair is trading around 0.6330, within an ascending channel that reflects a bullish market sentiment, providing a positive signal for buyers. The 14-day Relative Strength Index (RSI) is currently above 50, indicating that...
