GBP / USD: Trading Recommendation The Great British Pound remained under pressure from the United States Dollar, reflecting the ongoing strength of the USD. Elections often impact the US economy, and the Trump government might make strong decisions...
Date: 6th January 2025. The NASDAQ Rebounds As Investors Get Ready For Earnings Season! Key Takeawaysrice movement indicates investors are increasing their exposure to the NASDAQ as earnings season approaches. *Key risks remain if employment data...
The uncertainty around the probable timing of the Bank of Japan's (BoJ) next interest rate rise has caused the Japanese yen (JPY) to maintain its intraday bearish bias as it enters Monday's European session. In addition, it is believed that the...
USD/CHF Technical Analysis: Right now, the USD/CHF pair is trading around 0.8570, and I’m seeing a bearish trend with the price staying below the 50-day moving average (0.8600). Immediate resistance lies at 0.8600 and 0.8650, while support is close...
The US dollar/Canadian dollar (USD/CAD) pair ended a four-day winning streak on Monday, trading around the 1.4390 level during the European session. Technically, the daily chart displays an emerging upward channel, suggesting a continuation of the...