The EURCHF currency pair is currently trading within an ascending structure on the hourly timeframe, and I observe that today’s price action has surpassed last week’s high of 0.9635 by 15 points. However, I notice that the oscillators are signaling...
The AUD/USD currency pair is currently consolidating near the critical support level of 0.6270, following a 1.44% gain last week, as investors await the release of key inflation data in the United States. Scheduled for 14:30 (GMT+2), the consumer...
The National Bureau of Statistics (NBS) has shared a cautious economic outlook, noting significant challenges facing the economy. The NBS highlighted that the external environment's impact on economic operations is intensifying, while domestic...
The EUR/USD currency pair is currently experiencing a corrective upward movement, driven by a combination of geopolitical optimism and macroeconomic developments. Investor sentiment was notably influenced by the recent meeting between...
The USD/CHF currency pair is currently positioned within a broader downward trend, as suggested by wave analysis, which indicates that the pair has completed its corrective upward second wave (2) of the larger five-wave structure. Following this,...
