The GBPUSD exchange rate on the 4-hour time frame has shown strength, successfully reaching the 200-period moving average. This achievement provides hope for the continuation of the bullish trend, especially if the price can close above that level....
Australian dollar falls on weak GDP data The Aussie dollar saw a significant drop, mainly due to disappointing GDP data last week. This weaker than expected economic performance has set the stage for a potential move to the 0.6250 level. However,...
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USD/CHF Technical Analysis USD/CHF is hovering around the 0.8850 mark, and I’m noticing a mix of bullish and bearish signals. The pair seems to have some support from the 50-day moving average, but breaking past the 0.8900 resistance remains a...
The USD/CHF currency pair is currently trading around the 0.8860 level, with investors awaiting key economic events in the United States. Federal Reserve Chairman Jerome Powell's speech on Wednesday and the release of crucial US employment data on...