USDCHF currency pair - today we will examine the D1 time frame chart. The wave pattern in this timeframe is developing a downward trend. The AO indicator is situated in the lower selling zone and is below its signal line. Initially, last week, the...
General Points about AUDUSD: The AUDUSD market has now reached the 0.6014 level, which is a key support area. That price level often acts as a psychological zone where buying or selling momentum could change direction. From here, the price can...
At present, I notice a clear downward trend on the USD/CAD chart, leading me to think that the general movement of this trading asset remains negative. I can see that the price is definitely trending downwards, and I regard the current pattern as a...
The Euro (EUR) faces potential headwinds as European Central Bank (ECB) policymaker Boris Vujčić recently suggested that markets are pricing in three rate cuts this year, a forecast he believes is reasonable. He also indicated that the ECB might...
USD INDEX Daily Outlook The US Dollar Index has shown continued weakness in recent trading sessions, falling below its 20-day simple moving average (SMA) and struggling to form a meaningful uptrend. The index has been below the 103.30 level for the...
