The USDCHF jumped nearly 0.7% on Wednesday as the SNB cut the currency by another 25 points, reducing the interest rate to 1.25% from 1.5%. The central bank justified its decision by the fact that inflation continued to fall and economic growth...
GBP/USD M-30 As a result, yesterday the GBPUSD pair fluctuated in a low price range in the second half of the day because of the holiday in the US, and today it reached the key support level of 1.2695 and the bottom of the hourly uptrend.. The...
GBP/USD Predictive Analysis Shifting gears to the technical side, a four-hour chart analysis reveals an interesting dynamic for the GBP/USD pair. The price quotes struggled to breach the resistance level of 1.2726. This resulted in a "false...
There are few macroeconomic events on Thursday. There is nothing to highlight in the economic calendars of the UK, Germany, and the European Union. Meanwhile, the U.S. will release reports on building permits and initial jobless claims. These data...
Greetings. Sell trades really look promising, since the greatest probability is that the EUR/USD pair will fall. Ichimoku, Heiken Ashi, Stochastic and other technical indicators are already signaling a fall in the pair. The pair has broken through...