USD/CHF As of January 22, 2025, I’m closely watching USD/CHF as it reacts to key technical and fundamental factors. Technical Analysis: USD/CHF recently pulled back after testing 0.9200, which seems to be a strong resistance level. Right now,...
Gbpusd technical analysis If we look at the GBPUSD movement yesterday, it actually still has the potential to be said to be bullish again, even though previously in the Asian and European sessions there was another bearish movement which could be...
The US Dollar (USD) has shown a notable recovery, supported by an optimistic outlook from Federal Reserve (Fed) officials, who have signaled fewer interest rate cuts for 2025. According to the latest dot plot, the Federal Funds rate is projected to...
EUR/GBP The EUR/GBP forex pair is one of the most observed contraptions in the foreign exchange market, reflecting the monetary dynamics between the Eurozone and the United Kingdom. Analyzing this forex pair on the hourly timeframe (H1) can grant...
Although the buyers continue to push and manage to create a sell momentum candle based on the hour 1 timeframe , if one monitors the movement in the first half, one can see a series of candles closing inside the band of Bollinger, in reaction to the...