The outlook for the pair is driven by a combination of fundamental factors and technical patterns, creating a complex yet intriguing trading environment. Rising oil prices have lent some support to the Canadian Dollar, given Canada’s status as a...
Global risk sentiment plays a pivotal role in shaping the outlook of the NZD/USD pair, given the Kiwi Dollar's status as a commodity-linked currency. The Kiwi often mirrors fluctuations in equity markets and global growth expectations. Persistent...
GBP / USD; An hourly Time Frame Recommendation After checking the fundamental and technical factors of the last week, we can recognize that the USA news data failed to help the bears or sellers of GBPUSD. Despite some bearish expectations, the...
USD/CHF Technical Analysis Right now, USD/CHF is hovering around 0.8805, showing a cautious market mood. On the 4-hour chart, the pair remains below both its 50-day and 200-day EMAs, which points to a bearish setup. Resistance looks solid at...
The escalating geopolitical tensions have significantly bolstered the US Dollar (USD), as investors flock to safer assets amid growing uncertainty. This heightened demand for the USD has placed downward pressure on the British Pound (GBP), creating...