USDCHF Analysis Daily (D1) Overview: The USD/CHF currency pair has been trading below its moving averages and has recently broken through a key support level at 0.88650. Given that the pair is positioned below the moving averages and has breached...
The technical analysis of the USDCAD currency pair on the H1 timeframe reveals several key insights regarding its price action and potential future movements. First, it's essential to identify significant levels of support and resistance on the...
The Japanese yen maintained a defensive stance against the recovering US dollar during the early European trading session on Wednesday. This comes despite a lack of significant follow-through buying interest, largely attributed to market...
Greetings to all traders! I hope your trading week has been fruitful. This week, the British pound (GBP) experienced a brief pause after its rapid growth the week before. The GBP/USD currency pair entered a consolidation phase, with the price...
AUD/USD Market Update – March 16, 2025 The Australian Dollar is gaining momentum against the US Dollar, with the pair trading at 0.63225, reflecting a 0.62% increase. This movement highlights a short-term bullish trend in the market. Here’s a...
