Your observation about sellers testing the support zone for the third time is crucial, as multiple rejections from this area indicate its significance. Currently, USD/CHF is hovering around 0.8968, and if sellers manage to break and hold below...
The EUR/JPY H4 chart reflects the recent price action aligning with the fundamental and technical outlook you provided. The pair has been in a downward trajectory, currently testing key support levels near 155.90, which coincides with the...
USD/CHF As of today, February 21, 2025, the USD/CHF pair is trading around 0.8980, showing signs of consolidation after recent volatility. Technical Analysis: The pair has been following a descending channel, and I’m seeing the potential for a...
Market Fundamentals: The latest data from the Bureau of Labor Statistics revealed that the US Consumer Price Index (CPI) rose by 2.9% year-over-year in December, aligning with market expectations and exceeding the previous reading of 2.7%....
PAIR REVIEW NZDUSD Hello friends. A very similar market formation as for many currency pairs that are associated with the US dollar is its opponents or competitors. Many indicators that show continuing the northern movement, and a break in the...