The Swiss franc stagnates on Wednesday. In the European session, USD/CHF is trading at 0.8454, up 0.13% on the day. SNB welcomes Schlegel - will he bring more of the same? Martin Schlegel became the new president of the Swiss National Bank,...
GBP alive and kicking amid Bank of England’s agenda The pound sterling has soared to its highest level in the past 2.5 years against the US dollar. Great news for the bulls! The British pound owes its strength to the Bank of England’s decision to...
How to Trade Crude Oil Our conversation focuses on the present assessment of the Crude Oil price action. From a technical viewpoint, the three-month decline in crude oil within the descending channel highlights a sustained bearish trend, pointing to...
In analyzing the USD/CHF currency pair, there is a notable expectation of a pullback to the 0.8451 level. If the price reaches this point, it could present an ideal opportunity to consider buying positions, aligning with the current uptrend observed...
### GBPUSD Price Action Analysis Hello friends, good evening! Today, we will be analyzing the price action of the GBPUSD currency pair. So far, we have seen the price experience an initial uptrend, reaching the nearest resistance area. However,...