Over the past month, the USD/CHF (US Dollar/Swiss Franc) currency pair has been confined within a narrow range of approximately 300 points. This tight trading band indicates a period of consolidation, where neither buyers nor sellers have gained...
For the week beginning June 2, 2025, the GBP/USD currency pair will be heavily influenced by a series of critical economic data releases from both the United Kingdom and the United States, alongside monetary policy cues from their respective central...
EUR/GBP holds above 200-day SMA. BoE and ECB policy paths diverge. Breakout likely from 0.8420–0.8458 range. The euro (EUR) showed resilience against the British pound (GBP) heading into the end of the week, with the EUR/GBP pair maintaining a...
USDCAD Technical Analysis: The USDCAD currency pair is currently trading at 1.37375, and at the moment, the market is experiencing a downtrend. Despite this bearish momentum, there are indications that the price may increase in the near future,...
General Points about USDJPY: The speech from the BOJ Governor and the Tokyo CPI rate have not provided any benefit for the JPY. Instead, USDJPY has already broken the 145.45 level, supporting a bullish concept where buyers seem positioned for...