Silent Points of USDCAD: This week, Canadian CPI data will also be released, and several news events related to the US dollar are present in the weekly macroeconomic calendar. Therefore, this week could prove to be quite beneficial for fundamental...
USDX INDEX PAIR ANALYSIS For the USDX index this week the price is back to closing with a bullish candle, but if we look closely at the chart on the H1 time frame, the USDX index is still consolidating and the closest support is currently at the...
USD/ CHF Price Movement Let's discuss the current price behaviour analysis of the USD/ CHF currency pair. The USD/CHF pair experienced significant upward movement, likely driven by negative news from China and the quiet situation in the Middle...
Crude Oil Trend Reversal Watch Let's analyze the crude oil price behavior at present. While the CL trading instrument opened slightly lower, it failed to build on this minor dip, resulting in a relatively uneventful day. The market may close near...
### Analysis of the EUR/USD Currency Pair As of now, the EUR/USD currency pair is trading at 1.0906, reflecting a bearish trend. This downward movement indicates that the euro is weakening against the US dollar. Various factors contribute to this...