The AUD/USD pair is trading near 0.6229, reflecting a period of consolidation after a recent downward trend. The price has struggled to maintain upward momentum and appears to be trading below critical resistance levels. While the market seems to be...
The GBP was slightly weaker in Monday's London session than its main rivals. A little rise in the Bank of England's (BoE) dovish wagers for 2025 contributes to the British currency's slight decline. A 53 basis point (bps) interest rate cut for the...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8500, and from what I’m seeing, the pair is still showing bearish pressure. Key support levels I’m watching are 0.8470 and 0.8430, while resistance sits at 0.8530 and 0.8570....
The currency pair is gaining traction near the 0.9040 mark, snapping a two-day streak of gains during the early European session on Monday. This movement reflects a response to the hawkish rate cut by the US Federal Reserve (Fed), which offers...
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