Market Fundamentals: Several underlying economic indicators may pose challenges for policymakers shortly. While gasoline and fuel oil prices saw a decrease of 3.1% and 5.1% respectively, natural gas prices surged by 6%. Additionally, shelter prices...
The USD/CHF currency pair is currently displaying interesting technical behavior, especially around the price level of 0.8520, which is considered a strong and significant supply zone. This area not only showed previous price rejection, but it also...
Market Fundamentals: The Turkish Lira (TRY) experienced a sell-off, which had some spillover effects on the Euro (EUR). European banks, though exposed to Turkish borrowers, are not as vulnerable as they were during the 2018 crisis. Market...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The AUD/USD market price is falling and the downtrend looks very strong. The market price fluctuates between the 0.6457 resistance level and the 0.6402 support level for a...
The US dollar exceeded the 143 yen mark against the Japanese Yen, pointing out a brief moment of bullish force, but quickly returned to a large part of those profits. This volatile behavior highlights market hesitation and the importance of current...