The recent cooling of the U.S. job market has raised concerns that the Federal Reserve may need to consider more aggressive rate cuts, a prospect that has weighed on the U.S. dollar and benefitted the Swiss Franc. However, it’s crucial to consider...
When the EUR/USD tested the 1.0630 level, I initially found the reaction to be quite puzzling. It seemed like the market's bots might have been reacting to the recent data on the unemployment rate, which rose by 0.1%, or perhaps the decrease in the...
General points about AUDUSD: Today, the U.S. Non-Farm Employment and Unemployment data, alongside Consumer Confidence and Inflation rates, failed to provide significant support to AUDUSD buyers. Crucial economic indicators that often drive market...
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EURUSD Technical Analysis Four-hour chart: If the market price is seen in four hours, then the market is currently in a selling trend. Suppose the 200-day simple moving average and the market price can be seen below it. The market is currently at...