The EUR/USD currency pair remains under bearish pressure as long as the key resistance level at 1.0852 holds firm against buyers' attempts. The technical indicators suggest a continuation of downward momentum, with the Relative Strength Index (RSI)...
The currency pair is currently trading below its moving averages, indicating a bearish sentiment in the market. However, despite this prevailing downward trend, there are signs of an ascending pattern emerging, which could suggest a potential...
EURCHF Daily Forecast The EUR/CHF pair is trading within a clear ascending channel with higher highs and lower lows, signaling continued upside. Looking at recent price action, the pair was rejected after testing the upper boundary of the channel,...
General Points about USDCAD: This week, we observed that the overall USD/CAD market remained in favor of the sellers. The pair experienced bearish momentum as selling pressure dominated, pushing the price lower. One key factor influencing this...
The NZD/CHF currency pair is exhibiting a bearish trend as long as the price remains below the critical resistance level of 0.5079. Market sentiment suggests further downside pressure, with technical indicators confirming a prevailing negative...