Geopolitical tensions in the Middle East have the potential to drive demand for safe-haven currencies, such as the Swiss Franc (CHF). Recent escalations, including Israeli airstrikes across the Gaza Strip and missile attacks from the Houthis, have...
USDCHF currency pair - H4 chart. Here you can see that until the middle of last week, sellers continued to push the price down. In favor of sellers was the wave structure that builds its order downwards and the MACD indicator, which was falling in...
AUDUSD Daily Forecast On the AUD/USD chart, we can see that the ascending channel has broken downwards. The price is making higher highs and higher lows before breaking the support level. This gap indicates a change in trend. The price is currently...
AUD/CAD The AUDCAD H1 chart shows key buying and selling levels, style direction, and market sentiment thru rate action, shifting averages, and horizontal guide and resistance areas. Price has been buying and selling round the 0.9027 resistance...
On Friday, the EURUSD market pair continued to show a strong downward trend as buyers were unable to push the price upward due to significant resistance from sellers who reinforced the resistance level at 1. 04191. 0418. This led to a persistent...
