Regarding the broader market performance, a note from iForex Europe, a foreign exchange trading company, highlights that the US dollar has been on the rise, largely due to increasing Treasury yields. This rise in Treasury bond yields is attributed...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
AUD/ USD Price Summary I will examine the dynamic pricing behavior of the AUD/ USD currency pair in real time. Buyers failed to hold above the 61.8% correction level between the 0.6575 to 0.6703 wave, resulting in a break below it, suggesting...
USD/CHF: The USD/CHF currency pair currently presents a favorable opportunity for selling transactions, given that the strength of the sellers is clearly more dominant than the potential for buyers to change the situation. Given the current...
Analyzing Crude Oil Prices Let's delve into the present analysis of the price behaviour of Crude Oil. On the weekly chart for oil, the price showed a strong northern push, resulting in a solid bullish candle that quickly broke through and settled...