West Texas Intermediate (WTI) crude oil prices rebounded slightly on Friday, snapping a four-day losing streak, but remained poised for a third consecutive week of declines. Trading around $70.80 a barrel in early European trading, oil prices faced...
EUR/USD Analysis The EUR/USD pair is currently testing a significant support level at 1.03255. The previous daily candle closed near this level, indicating that the market is at a crucial point. If this support holds, we may see a potential bounce,...
The EUR/USD H4 chart shows a clear downtrend over an extended period, marked by lower highs and lower lows. The red moving average, likely a 50-period SMA, acts as dynamic resistance, with price consistently rejecting it as it trends downward. The...
The GBP/USD currency pair has recently experienced significant volatility due to pivotal economic events: the Bank of England's (BoE) interest rate decision on February 6, 2025, and the U.S. Nonfarm Payrolls (NFP) report on February 7, 2025. Bank of...
USD/CHF Technical Analysis (Today) 1. Price Action EMA Dynamics Current Setup: USD/CHF is trading between the 50 EMA and 200 EMA, indicating a consolidation phase. The market is range-bound, with buyers and sellers testing key levels. 50 EMA:...
