The crude oil market, as represented by the CL_H1 chart, is currently exhibiting a period of consolidation following a prolonged downtrend. The price is trading around 71.68, facing resistance near 72.09 and support closer to 70.40. This...
GBP/USD Trading Analysis Update Friday, February 21, 2025 The GBPUSD pair price is still continuing its upward rally even though it was corrected down at low prices of 1.2562. The current price movement is trying to reach the psychological level of...
Technical Examination of USDCHF>>For today's technical examination, I have selected USD/CHF. The market price is on the rise, yet it is attempting to alter its structure. Initially, it declined due to a trendline, but it has recently breached this...
The USD/CHF pair is showing signs of recovery, trading around 0.8985 during the early European session on Friday, as the US Dollar (USD) experiences a modest rebound. This movement comes ahead of critical economic data releases and speeches from...
The current short-term situation appears to be following the broader monthly trend, but I note that a new short-term turning point emerged just yesterday at the level of 1.2637. I believe it is now advisable to test this level from above, as this...
