Hello, GBP/USD remains under downward pressure near the 1.2720 region on Tuesday, driven by continued buying in the greenback ahead of Wednesday’s US CPI release. A breakout could be in order. In this scenario, 1.2700 (Fibonacci 38.2% retracement)...
The USD/CHF market is currently in an uptrend and showing significant upward momentum. Earlier today, after a strong rally, the market tested the downtrend line. The USD/CHF market successfully broke above the 100 SMA, which indicates that the...
The EUR saw gains during Tuesday’s North American session, with the Dollar retreating after testing a daily high of 1.0570. The Dollar, which measures the strength of the Greenback against six major currencies, pulled back from its recent peak of...
Market Analysis for AUD/USD Greetings and Good Morning to everyone! The Australian Cash Rate couldn't help the buyers as it should. Because the market is still under pressure from the sellers. Therefore, I expect that the sellers will remain stable...
The Spot price is facing pressure against the USD on Tuesday, with the pair trading slightly lower. However, growing speculation suggests the Dollar could appreciate in the near term, fueled by expectations that the US Federal Reserve may implement...