THE CURRENCY PAIR USD-CHF Here, according to the wave structure, the trend has changed to downward after the current wave of decline updated the minimum of the previous one. The MACD indicator is confidently decreasing in the lower sales zone and...
The recent economic data from both the United States and the United Kingdom has revealed intriguing patterns, with the U.S. exhibiting "worse-better" waves in key statistics and the UK surprising markets with a 0.4% quarterly GDP growth. This...
TRADING CHART ON EUR CHF H4. In the European trading session this afternoon, several economic reports from the European Union will be released. However, these reports may not significantly impact the outlook for the Euro currency. The volatility in...
US Dollar Weakens as Trump's Tariff Promises Rise The US Dollar Index (DXY) slumped near a two-month low since trading last Friday until Monday (2/17/2025). This is because market players doubt that US President Donald Trump will actually implement...
From a technical perspective, I observe that the EUR/USD currency pair has formed a 123 reversal pattern on the chart. This pattern typically indicates a potential trend reversal, and in this case, it suggests a shift from bullish to bearish...
