The USD/CHF currency pair experienced a decline during the European trading session on Friday, falling to the full support level near 0.8400. The Swiss franc's strength was driven by the weakness in the US dollar (USD). The US dollar index (DXY),...
The Bulls Power indicator is a technical analysis tool used in trading, developed by Alexander Elder. It measures the strength of buyers (bulls) in the market by comparing the high price of a security with its exponential moving average (EMA). The...
As the European trading session begins on Friday, the currency pair is experiencing some weakness, currently hovering around the 1.1085 mark. This decline is attributed to a modest recovery in the US Dollar (USD), which has exerted downward pressure...
Bitcoin Fundamental Analysis: Bitcoin's recent performance reflects both market sentiment and uncertainty about its future role in the financial system. Last week, Bitcoin's value declined below the key $57,500 level, even reaching as low as...
GBP/USD Price Movement The analysis of the price behavior of the GBP/USD currency pair is currently open to discussion. Monday, September 2, 2024 saw the GBP/USD currency pair fail to break above the support area level at a price of 1.3110 to the...