The US dollar has recently weakened against the Japanese Yen, with the market attention focused on the support zone between 148 and 149. This range has become critical, and many merchants observe it closely as a possible turning point. If the US...
USD/CHF As of today, USD/CHF is trading around 0.8971, showing a slight uptick. The pair has been gaining momentum, and from what I see, the technical and fundamental setup favors further upside. Technical Analysis: USD/CHF recently broke above a...
USD/JPY After the bulls failed to push the price back above the 200-day moving average, I observed the bears taking control from the level of 149.69. I noticed that they managed to break through the intraday ascending support line and quickly drove...
Technical analysis of Crude oil Today I choose crude oil for technical analysis; all market prices are currently in an uptrend, which is helping prices move higher within the channel. Crude oil prices are currently hovering above support and...
EUR/USD Technical and Fundamental Analysis Technical Analysis In the H1 timeframe, the EUR/USD pair is in a strong uptrend, making higher highs and lows. The market structure is currently in a buying phase, confirming the upward momentum. The main...