Technical analysis of Crude oil Today I choose crude oil for technical analysis. All market prices are currently in an uptrend, which is helping the price to move higher within the channel. Crude oil prices are currently hovering above support and...
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USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8500, and from what I’m seeing, the pair is still showing bearish pressure. Key support levels I’m watching are 0.8470 and 0.8430, while resistance sits at 0.8530 and 0.8570....
The US dollar hit resistance at the ¥158 level and pulled back slightly in recent trading. However, this appears to be part of a broader consolidation phase as the pair builds momentum for an eventual breakout to the upside. The long-term bullish...
AUD/USD Analysis Current Price Action The AUD/USD trading pair is currently at approximately 0.6224. The price action from yesterday has formed a strong bearish candlestick, indicating a robust downtrend. Technical Indicators RSI The Relative...
