The USD/CHF pair has shown signs of recovery, hovering around the 0.8985 level during the early European session on Friday. This rebound is supported by a modest uptick in the US Dollar (USD) as investors await the preliminary US SP Global PMI...
Importance of Support and Resistance Levels in Trading Support and resistance levels are fundamental concepts in technical analysis that help traders predict potential price movements and market trends. They represent price points on a chart where...
EUR/JPY Price Action Review EURJPY fell again in the market movement last Friday. The price returned to the support line of 155.52 With seller pressure that is still quite strong. Prediction of the next movement of EURJPY If seen from the price...
The Federal Open Market Committee (FOMC) recently reduced its benchmark overnight borrowing rate by 25 basis points (bps) to a target range of 4.50%-4.75%, signaling a shift toward more accommodative monetary policy. Federal Reserve Chair Jerome...
Geopolitical developments in the Middle East remain a key focus for investors as Israel and Hamas reach a tentative agreement to pause hostilities in Gaza. The deal, awaiting final approval from the Israeli cabinet, has heightened market attention...
