In analyzing the current movement of USD/CHF, I observe that the pair has shown a reluctance to break below the 0.8770 level, despite the eurodollar's strong performance, which tested and even surpassed the 1.09 mark, reaching a new local high at...
I observe that the USD/CHF pair continues to trade within a sideways channel, reflecting a lack of clear directional momentum in the market. I note that today, buyers attempted to break through the resistance level at 0.8817, but their efforts were...
I observe that EUR/JPY has resumed its upward trajectory, defying earlier expectations of a bearish reversal, and I note that the pair recently tested and surpassed the 161.24 mark, a level that now serves as a critical reference point. I initially...
Technical analysis of GBPUSD The GBP/USD pair is currently trading at 1.29463, exhibiting a cautiously bullish tone in the short term. Over the past few days, the pair has shown upward momentum, establishing a new resistance level at 1.30385. This...
The EUR/USD currency pair experienced a surge in buying activity on Tuesday, propelling the Euro to a brief peak of 1.0950, marking a 22-week high and reinforcing the Euro's ongoing recovery. This upward momentum underscores the single currency's...
