Today’s Analysis: USD/CHF Currency Pair Overview The USD/CHF currency pair has recently broken below the strong support level of 0.9080, which has now turned into a resistance level. This movement indicates a short-term bearish trend, as the price...
TRADING CHART ON AUD NZD H1. The AUD NZD exchange rate fluctuated significantly when the market opened on Thursday, despite the absence of important economic data or the New Zealand central bank being on holiday. This could be due to market makers...
General Points about GBPJPY: The current market situation presents a challenging phase for GBPJPY buyers, as the pound is steadily losing its value. Currently, it has dropped to the 189.52 level, while sellers continue to gain momentum. A shift in...
The AUD/USD H1 chart presents an interesting technical setup, showing a combination of volatility, trend reversals, and key resistance levels. The price is currently around 0.6267, moving within the Bollinger Bands, which are acting as dynamic...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently trading around the 50-day SMA. Traders eagerly await the Bank of England (BoE) monetary policy announcement at 12:00 GMT. The pair is testing important momentum near the...