Important Points about AUDJPY: This week has been disappointing and dull for JPY traders due to the absence of significant news events on the weekly calendar. Without any key economic data or central bank announcements to drive market sentiment,...
Important Points about AUDCHF: Analyze carefully that the Swiss CPI rate did not provide significant support to sellers, and the Australian Dollar also failed to show any notable movement. The AUDCHF market showed strength in favor of buyers,...
USDJPY Technical Analysis: Four-hour Time Frame: If we look at the market price in four hours, the prices are currently moving downwards. The market price has currently fallen well below the 200-day simple moving average and the market price is...
The recent cooling of the U.S. job market has raised concerns that the Federal Reserve may need to consider more aggressive rate cuts, a prospect that has weighed on the U.S. dollar and benefitted the Swiss Franc. However, it’s crucial to consider...
Oil traders are closely watching the recent monetary measures taken by China to stimulate its economy and boost energy demand. Last week, China announced an unprecedented capital infusion of over CNY 1 trillion into its largest state banks, a move...