The US dollar (USD) gained strength against the Swiss franc (CHF) on Monday as expectations for a Federal Reserve interest rate cut in September weakened. Strong labor market data in the US has led investors to believe that the Fed will keep...
Forecast of Crude Oil Daily time frame chart outlook: The price of Crude Oil had to be adjusted as according to the RSI indicator, it had oversold at the support level of 72.44, which was reached last week, as can be seen by looking at the daily...
The British Pound is facing headwinds in early Asian trading on Tuesday, hovering slightly below 1.2730. This cautious trading comes ahead of the release of the UK jobs report later in the day. Investors are adopting a wait-and-see approach, wary of...
H4 Hour Time Frame Outlook: The development of price movements on the EURUSD currency pair in the H4 time frame, was indeed visible in the trading session on Monday last night where the candlestick was able to move bearish with a wide range, but it...
Lately, I've observed that both the British pound and the US dollar can move in the same direction against the euro. This implies that when the dollar starts to rise and the euro declines, the pound might also continue to increase, though not as...