Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. Currently, market prices are falling. The Dawn trendline helped the price drop. This trend line has done a lot to push the market price down. The market price broke above...
EURUSD Technical Analysis EURUSD is trading around 1.0483, currently testing a key resistance zone. On the daily (D1) chart, the price is approaching the 150-period moving average (MA), which is still positioned above, indicating a long-term...
Chinese households struggling with rampant inflation China’s authorities have to make urgent efforts against rampant inflation. According to Reuters, citing China's National Bureau of Statistics, domestic consumer inflation has soared over the...
On the H1 timeframe, it is evident that sellers are dominating over buyers in the USDCHF currency pair. The price is positioned below the moving average, indicating the strength of the bears in this market. Confirmation for selling positions can be...
Technical Analysisound Sterling oscillates inside Friday’s range The Pound Sterling steadies against its major peers on Monday amid uncertainty ahead of UK employment and inflation data. BoE Governor Bailey could hint at fresh cues about the...