The USD/CHF H1 chart indicates a strong bearish trend, with the price currently at 0.9011, near recent lows. The downward movement has been consistent, showing signs of selling pressure. The pair is now testing a critical support level, and traders...
Currency pair EURUSD - let’s consider the four-hour period of the chart today. This new trading week and month started with a sharp downward drop and an impressive price gap, which, however, traders have already closed. It is clear how the figure of...
Technical Analysis: EUR/USD rebounds to near 1.0400 EUR/USD rises above 1.0400 as the risk-premium of the US Dollar eases amid diminishing fears of a global trade war. The ECB is expected to continue reducing interest rates amid confidence that the...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...
Wednesday's European session saw the USD/CAD pair continue downward below the crucial barrier 1.4300. Since US President Donald Trump postponed his instructions to apply 25% tariffs on Canada for 30 days, the Loonie pair declined while the Canadian...
