Last week, I noticed a significant decline in the value of the US dollar on the H1 chart for the USD/CHF currency pair. The only major rise occurred in the middle of the week, specifically on Wednesday, following the announcement of a 90-day delay...
EUR/USD is currently consolidating its recent gains just below the 1.1400 handle during the early European session on Monday. The pair has benefited from a wave of US Dollar weakness, fueled by rising concerns over a US economic slowdown and...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
The AUD/USD pair kicked off the week on a stronger footing, hovering near the 0.6300 level during early Asian trading on Monday. This upward momentum is being supported by improving risk sentiment after the U.S. hinted at lowering tariffs on Chinese...
AUD/USD AUD/USD is feeling a bit heavy today, and from what I’m seeing, there’s a cautious tone in the market as traders digest China’s economic signals and prepare for key US data. Fundamentally, the Aussie isn’t getting much help right now. Over...