The EURUSD chart on the H4 timeframe shows a significant upward movement, almost reaching the 200-day moving average. However, a slight rejection at the 1.0632 area suggests the need for caution. The 200-day moving average is typically an important...
The British Pound (GBP) experienced a slight decline against other currencies on Wednesday following Bank of England Governor Andrew Bailey's prediction of four interest rate cuts in 2025. While Bailey acknowledged the progress made in curbing...
AUDUSD Weekly Market Forecast Greetings and Good Morning to Everyone! The Australian Retail Sales and ADP rates were similar this week. But the US news events also do not give the US dollar stability. So, the price crossed the 0.6434 zone yesterday....
The Canadian dollar-Swiss franc exchange rate is currently trading below two key moving averages, suggesting the potential for a shift from a bullish to a bearish trend. The 50-day exponential moving average (EMA 50) may soon cross below the 200-day...
GBP/AUD Weekly Outlook Greetings and Good Morning to everyone! This week, the Australian news data was not too good as the Retail sales and the BA governor's speech couldn't bring anything for the dollar. Whereas, the BOE's governor speech and...