The EUR/JPY hourly chart reflects a persistent downtrend over the past few weeks, with the price currently at 156.08. The pair has been making lower highs and lower lows, indicating that bearish sentiment still dominates. Bollinger Bands are...
EUR/USD Technical Analysis: EUR/USD has been struggling to break past 1.0850, with 1.0800 acting as a key pivot. The 200-day SMA around 1.0780 is holding as support, while 1.0900 remains a tough resistance level. Support Levels: 1.0780, 1.0750,...
USD/CHF Outlook Good Morning guys! The USDCHF market is currently in a bearish scenario, indicating that sellers are maintaining control over the price movement. Yesterday, US news events were not very helpful for buyers of USD/CHF, leading to a...
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Market Fundamentals: The Reserve Bank of Australia (RBA) opted to keep interest rates steady at 4.35% during its final policy meeting, but its unexpectedly dovish tone signaled the possibility of a rate cut. Market expectations currently reflect a...