USD/CHF Analysis: Bullish Momentum and Market Structure Current Market Overview The USD/CHF currency pair is currently attempting to maintain a bullish momentum, as observed in the charts. As long as the candlestick remains above the 0.9086 level,...
The EUR/USD exchange rate experienced a setback on Friday, closing near 1.0285 after a 0.20% decline. Repeated attempts to surpass the 20-day Simple Moving Average (SMA) proved unsuccessful, indicating persistent resistance to short-term recovery...
AUD/ USD Price Overlook AUDUSD fell again after buyers failed to bring the price up and break the Ichimoku cloud. The dollar which is still strengthening until the end of this week makes it difficult for AUDUSD buyers to bring the price out of...
USD/CHF Analysis – Weekend Next Week Technical Analysis USD/CHF has been trading in a tight range around 0.8550-0.8600, and I’m keeping a close eye on key levels. The 50-day moving average near 0.8620 is acting as resistance, while 0.8525 remains...
RSI Indicator The Relative Strength Index (RSI) is a popular momentum oscillator used in Forex trading to measure the speed and change of price movements. It helps traders identify overbought or oversold market conditions and potential reversal...