USD/CHF has been trading within a defined range, without breaking any significant boundaries. Currently, the key level to monitor is 0.84837, which is anticipated to act as a resistance point for bullish movements. If this level holds, a potential...
This week, EURUSD closed with a doji candle, indicating a balance between buyers and sellers. However, if we look at the current pattern on the weekly time frame, EURUSD remains in a bullish trend, as it's still moving above the 200-day moving...
The NZD/USD currency pair is currently trading at 0.6338, reflecting a bearish trend. This indicates that the New Zealand dollar (NZD) is weakening against the U.S. dollar (USD). Several factors may contribute to this bearish sentiment, including...
Last week, bears handed the initiative to the bulls, allowing the price to rise. However, bulls were unable to sustain long-term growth. The wave structure is still forming downward, and the MACD indicator remains in the lower sales zone, although...
*GBP/USD Battles 1.3400 Level for Definitive Bullish Breakout* The GBP/USD pair continued its upward trajectory on Wednesday, advancing modestly beyond the 1.3400 level following the release of the US Personal Consumption Expenditures (PCE)...