USD/CHF Market Forecast Greetings and Good Morning guys! The price crossed the 0.8867 zone yesterday. Also, the US Non-Farm Employment and ISM and Final Manufacturing index couldn't;t help the buyers to remain above the 0.8945 zone. Therefore, I...
The British Pound (GBP) is currently under pressure, largely due to growing speculation about the Bank of England's (BoE) future monetary policy. Concerns that the BoE may accelerate its rate-cutting cycle have weakened investor sentiment towards...
TRADING CHART ON GOLD D1. The provided gold chart on a daily time frame depicts a significant upward trend spanning the last two years, indicating strong bullish momentum. After a consolidation phase in 2022 and early 2023, the price broke out of...
The USD/CAD currency pair is trading lower during the early Asian session on Friday, hovering around the 1.4020 level. The US dollar has weakened due to cautious market sentiment ahead of the release of crucial US and Canadian labor market data. The...
Market Analysis As the U.S. Labor Department reported initial jobless claims rose to 224,000 for the week ending November 30 from 215,000 the week before, the U.S. dollar (USD) faced bearish pressure on Thursday, helping EUR/USD rise. Investors will...