EUR/GBP UPDATES The EURGBP pair experienced a decline towards the demand area 0.8435 - 0.8429, making the direction of the bullish trend weaken. The reason is that the price is currently still below the 200 SMA, while the 50 EMA appears to be...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...
The USD/CHF currency pair has been interacting with its support levels quite a bit lately. It has encountered rejections at these support levels multiple times. This suggests a certain resilience in these levels, but it also raises questions about...
Crude Oil Price Movement We are currently discussing the analysis of the price behavior of Crude Oil. We are currently moving towards the middle Bollinger band, situated at 82.36. We will observe whether the price breaks higher or reverses downward...