WTI crude oil futures have experienced a significant downturn, falling 6% over the past three weeks from their January peak of $79.36. A sharp pullback on Tuesday drove prices down to $70.66 before a resurgence of buying interest emerged from the...
Technical Analysis AUD/USD From a technical perspective, caution is warranted. For AUD/USD, key support is at 0.6087, the lowest level in 2025. A break below this level could push the pair towards the 0.6000 level. On the upside, resistance is at...
The EUR/USD currency pair experienced a pullback on Wednesday, despite some upward momentum earlier in the session. A general improvement in market risk appetite put downward pressure on the US dollar, providing some support for the euro. However,...
USD/CHF, Forum (US Dollar/Swiss Franc): Charts, Reviews The US dollar is in no hurry to strengthen, while other currencies are rushing to take advantage of this. Sellers in the USDCHF currency pair have already attempted to break through 0.9000,...
Forex Market Outlook 06 February 2025 Good morning to all respected forum members and moderators. Hopefully you are all in good spirits to welcome the mid-week market. How about last week's trading results? Hopefully it is still consistently...