The U.S. Dollar Index (USDX) is a key financial indicator that measures the value of the U.S. dollar against a basket of six major world currencies: the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK),...
TRADING CHART ON USDX H1. The dollar index experienced a rejection or false break when it tested the resistance at 104.51. Although the price continued to rise, reaching a high of 104.54, it then corrected downward. The ongoing decline created a...
The Euro showed modest gains early on Monday as it neared the key 1.08 support level, an area that has been well protected by buyers of late. This level has stabilized over several tests, underscoring its importance to traders as a price floor....
The USD/CAD daily chart shows a robust uptrend, with the pair trading at 1.38883, reflecting strong bullish momentum since early October. The price has approached a significant resistance zone around 1.3900, marked by the red-shaded area, which has...
EUR/CHF Prospects for the EUR/CHF currency pair based on technical analysis. We will pay special attention to the resistance and support levels, volumes and basement indicators. Let's look at the chart: The pair dropped slightly, managed to reach...