USD/CHF Technical Analysis: Current Price Action: As of March 1, 2025, USD/CHF is trading around 0.9027. This puts the pair near the resistance level at 0.9053, which has capped previous bullish moves. I’ll be watching to see if the pair can break...
USD/JPY Weekly Analysis and Forecast Market Overview The USD/JPY market closed last week at 150.625 after testing the 149.00 support level on Friday. The USD/JPY market initially fell but recovered towards the 151.300 resistance level and the 20...
Today, I would like to draw attention to the daily period, where I observe that the bears are still firmly in control and continue to develop their downward direction. I believe there is still significant potential for further decline, as I...
GBP/USD Market Overview The GBP/USD market ended its downtrend last week, reaching a weekly high of 1.27151 before closing at 1.25752. The GBP/USD market faced selling pressure, which led to a break below a critical support level. Daily chart...
Chinese President Xi Jinping recently expressed confidence in China's economic growth, stating, "China has full confidence in achieving this year's economic target." He emphasized China's role as the world's largest engine of economic growth and...