Technical Analysis The Pound Sterling posts a fresh two-week high above 1.2400 against the US Dollar after US President Trump supported immediate interest rate cuts from the Fed. The Fed is widely anticipated to keep interest rates steady on...
The AUD/USD currency pair surged to a one-month high of approximately 0.6330 on Friday, breaking out of a two-day sideways trading range. This upward movement coincided with a weakening US dollar, driven by several key factors. Firstly, expectations...
General Points about CHFJPY: Currently, the CHFJPY market is trading at the 172.73 level, which is a significant resistance level. Resistance levels act as barriers that the market struggles to break through, and this could lead to price...
USDCAD USDCAD outlook: The Canadian dollar (CAD) is currently under significant pressure due to a looming tariff decision by the U.S., as well as broader economic conditions. As we approach February 1, when 25% tariffs are set to be imposed on goods...
Gold Price Movement The discussion involves analyzing the Gold currency pair's price behavior. I would be very pleased if the price of our commodity instrument could decrease to this support at $2689.00. I hope that from the historical maximum at...