#CL Oil prices opened today with a significant gap, as many traders fear a decline in oil supplies from the Arabian Gulf because of the US operation in Yemen. Many market participants are also pessimistic about increased oil supplies from Russia,...
In my analysis of the EUR/CHF pair, I continue to rely on the price position within the trend corridor, as I have done in my previous trading plans. I observe that last week, the price of the euro-franc tested the resistance line of the designated...
AUDUSD Daily Outlook The Australian Dollar is rising against the US Dollar. The AUD/USD pair is currently trading around the 0.6380 level. Recent price action suggests that the currency pair may be exiting a long-term downtrend that has kept prices...
The NZD/CHF currency pair remains bullish as long as the price continues to trade above the critical support level set at precisely 0.5100 today. The current technical indicators confirm the upward momentum, with the RSI staying above the neutral...
AUDUSD Daily Forecast The AUD/USD pair is currently trading at 0.6381, recording a strong recovery from its recent low of 0.6250. The price action showed a clear increase, with higher lows confirming the ongoing bullish trend. The upper limit of the...
