I observed that the USD/ CHF brace was trading below the support position of 0.85559, where there was significant buying volume. At that time, I assumed that the brace would correct overhead, absorbing the dealer’s volume, and also renew its...
Market Fundamentals President Christine has raised enterprises about Europe’s sluggish pace in invention and productivity compared to the US and China. She attributes this gap to structural challenges, including the absence of a unified digital...
As of February 16, 2025, the USD/JPY currency pair is navigating a complex technical landscape, influenced by both market sentiment and economic indicators. After a four-week decline, the pair rebounded by 0.59% in the week ending February 14,...
16 February 2025 The Australian dollar will be in the spotlight this week as the Reserve Bank of Australia (RBA) delivers its interest rate decision and as the country releases the January jobs report. The AUD/USD exchange rate soared to 0.6350 on...
The USDCAD map on the H1 timeframe presents a clear picture of recent price movements, displaying a notable downtrend following a unpredictable shaft. The Bollinger Bands indicate an expansion phase around beforehand February, where price action...
