USD/CHF The current price formation of USD/CHF suggests that the execution of the past bearish wave has reached the stage of its logical completion, since in fact, a clearly expressed support of 0.8116 has formed on the chart, which did not allow...
The USD/CHF currency pair experienced a notable decline, dropping to approximately 0.8530 during early European trading on Thursday. This downward trend is primarily attributed to the escalating trade tensions between the United States and China,...
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EUR/USD Good morning everyone! This week has been fortunate for those buying EUR/USD, as they successfully moved past the 1. 1260 area. Throughout this week, the USD has been steadily depreciating. Events like the FOMC meetings and the releases of...
I see the breakout above the 1.1200 level as a significant development for EUR/USD, especially since this price marks the 61.8% Fibonacci retracement level—a key point that often signals strong continuation potential. I recognize that this level...