The Australian Dollar (AUD) has demonstrated a notable rebound recently, underpinned by improving risk sentiment and short-term weakness in the U.S. Dollar. The pair surged to a recent high of 0.6250, surpassing initial expectations. While momentum...
The recent resilience of the Swiss franc (CHF) against the US dollar (USD) underscores a broader market trend favoring defensive currencies amid heightened global uncertainty and diverging monetary paths. While investors remain alert to potential...
WTI Crude Oil Update: Market Shows Signs of Recovery The latest 4-hour chart for WTI crude oil indicates a noticeable upward movement, with prices currently sitting at $59.90, reflecting a solid 2.20% gain (+1.28). This recovery comes after a period...
The USD/CHF pair remains under heavy bearish pressure, falling to its lowest level since September 2011 near the 0.8150 mark. This continued weakness follows Thursday’s steep 4% decline, driven by escalating trade tensions and broad-based US Dollar...
Rounding Top Chart Pattern A Rounding Top is a bearish reversal pattern that appears after an uptrend. It looks like a gradual, curved peak—kind of like an upside-down "U". This pattern suggests that buying pressure is slowly weakening and sellers...
