The situation with the USD/CHF pair is quite complex and not straightforward for me. On one hand, I can't confidently say that the primary downtrend has been broken. There has been a notable breach below the 0.8755 level, but it failed to maintain...
WTI Crude Oil is trading at $68.25, showing a minor decline of 0.09%. The chart highlights a period of consolidation, as the price moves within a narrow range between key support and resistance levels. Both buyers and sellers seem hesitant to take...
The AUD/USD pair continues to face downward pressure, struggling to sustain its overnight rebound from the 0.6270 region, marking a one-week low. As the European session unfolds, the pair remains below the 0.6300 threshold, weighed down by renewed...
The EUR/USD M30 chart shows a clear downtrend, with prices consistently making lower highs and lower lows. The presence of Bollinger Bands indicates that the price has been moving towards the lower band for an extended period, suggesting strong...
The GBP/USD pair has faced persistent downward pressure, trading below the 1.2900 level as the US Dollar (USD) remains resilient following upbeat economic data. The Federal Reserve's recent policy stance and the Bank of England's (BoE) cautious...
