ECB policymaker and Bank of Finland Governor Olli Rehn recently stated that he expects the European Central Bank (ECB) to exit restrictive monetary policy within the next few months, likely by “midsummer.” This outlook has contributed to the upside...
The USD/CHF pair has shown signs of a potential upward movement after rolling back from the key support level at 0.8500 on the weekly timeframe. I believe this bounce indicates buyer interest, but the price is still relatively low, and I think it...
USDCAD Daily Outlook The daily chart of the USDCAD pair reflects a major structural change as the price recently broke above the long-term uptrend levels that have dominated the market since mid-September 2024. Not only did it break the bullish...
I see that the AUD/CAD pair is currently trading below the moving average, which I interpret as a clear indication of a prevailing downward trend. I observe that the indicator is showing the pair in the oversold area, but I still prioritize the...
The EURUSD pair traded on Friday yesterday failed to be maintained by buyers because they received very strong resistance from sellers by dampening the bullish buyer pressure in the seller resistance area at 1.1099-1.1098 which caused the price...
