The EUR/GBP exchange rate dipped slightly to around 0.8440 during North American trading on Wednesday, following a five-day rally. This upward trend was initially fueled by a surge in UK government bond yields. However, the momentum appears to be...
•••USD/CHF: The Battle Between Dollar and Franc(January 16,2025)••• • Today, the USD/CHF currency pair is moving around the 0.9127 mark, and traders are keenly watching its every move. The US Dollar is showing strength, but the Swiss Franc isn’t...
The currency pair USD CAD is currently in a consolidation phase after a significant bullish movement in the past. For over 3 weeks, the price has been consolidating in the high/resistance area. A sell structure has formed in the previous week, as...
Good evening chymosmw, looking at the price movement of GbpJpy since the beginning of the week, it seems quite volatile and interesting. Where at the beginning of the market opening, the seller still showed interest in the bearish movement until the...
The NZD/USD currency pair saw a slight 0.30% increase on Wednesday, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This move above the SMA could act as a trigger for a bullish shift in the market, as it suggests that the...
