First, if the price breaks below the 168.02 level, it indicates that the sellers have gained control, and further decline is expected. This level acts as a critical support, and breaking it suggests that the market sentiment has turned bearish....
The pair experienced a trimming of gains near the 157.00 mark during the early Asian session on Friday. This movement comes in the wake of softer-than-expected US CPI inflation data, which has exerted selling pressure on the US Dollar (USD)....
Technical analysis of the USDCHF pair Daily chart The price started trading this month within sideways price channels, after two months of sideways trading. Before that, the price was in an upward trend for several months, and then the sideways...
Gold prices surged by over 0.80% after briefly dipping to $2,314, reflecting mixed signals in the US economy and steady PCE inflation, fueling expectations for potential Fed rate adjustments. The precious metal, a go-to asset in uncertain times,...
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