I observe the current market dynamics closely, noting how the bears are gradually eroding the support line of the ascending channel. I see the price trapped in a prolonged sideways trend, showing no urgency to break free from this consolidation....
GBPUSD Daily Forecast The GBP/USD pair is advancing for the third consecutive day, supported by the 20-day simple moving average (SMA). The recent recovery was boosted by better-than-expected preliminary UK services PMI data on Monday. Positive...
AUD/USD As of today, March 25, 2025, the AUD/USD pair is showing some interesting movements, shaped by both technical signals and fundamental drivers. Technical Analysis: AUD/USD has been trending lower, recently testing key support around 0.6260...
USD/CHF Analysis: Market Overview and Trading Insights Yesterday, the USD/CHF currency pair traded at higher levels, closing around 0.8845. However, today’s trading has shifted downward, with the pair currently hovering around the price level of...
USD/CHF USD/CHF is in a consolidation phase today, hovering around 0.8830, with resistance near 0.8850. While there’s potential for a bullish rebound, I see 0.8911 as a key resistance level that could cap any upward movement. The RSI remains...
