The USD/CHF currency pair is showing a mix of technical indicators, providing insights for traders navigating the current downtrend. Several key indicators are giving neutral signals, suggesting an uncertain environment. The Relative Strength Index...
General Points of USDCHF: At the moment, we can see the USDCHF market trading around the 0.8870 level, a significant point that highlights the current situation in the forex market. This level suggests a growing presence of sellers, indicating a...
The EUR/JPY pair has been in a notable downtrend, evidenced by a series of lower highs and lower lows in the earlier part of the chart. However, the price has recently shown signs of recovery, moving above the 50-period moving average (red line),...
USD Rally Stalls; EUR/USD Holds Firm Above 1.05 The U.S. Dollar's recent rally has hit a pause, with the EUR/USD pair trading sideways just above the 1.0550 intraday support level. The Dollar Index hovers around the 106.50 support, searching for...
NZD/USD started the trading week with losses. In the European session, the NZD/USD pair is trading at 0.5837, down 0.50% on the day. This is the New Zealand dollar's lowest level since November 2023. New Zealand services PMI stuck in contraction...
