Experts stated that the Chinese and Russian governments are speeding up their abandonment of the dollar to increase security and suitablility of China to Russia commerce in the face of possible one-sided US penalizations. This suggests that, as Chinese-Russian trade expands rapidly, majority of the …
EURUSD Analysis - Price is approaching a downtrend as it rebounds from 1.19090 EURUSD is approaching a downtrend as the price is assumed to make a rebound at the 1.19090 key level. This level, however, is seen to have been retested twice. The downtrend phase started when the price first breaks …
EURCHF Analysis – Reversal at 1.07000 Suggests the End of Its Bearish Cycle The reversal at the 1.07000 key zone may have spelled the end of the bears’ tenure. Bears began plummeting the market on the 4th of March 2021, when the price was rejected at the 1.11500 key level. This set EURCHF on a …
