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...
Forex Trading: USD/ CHF Price Activity I am presently dissecting the dynamic pricing behaviour of the USD/ CHF currency pair. Given that the USD/CHF pair continues to decline, updating the recent minimum, it is not advisable to sell this trading...
GBP/USD H-1 On the GBP/USD hourly chart, the price is within a rising channel. Today the pair is declining, and the price has reached the lower border of the channel, which is the level of 1.2685. After reaching this level, the pair stopped falling...
USDJPY MARKET ANALYSIS On Wednesday (June 19), the US dollar index was flat overall and still directionless, while USD/JPY continued to test the warning position slightly, closing at 158.08. The US market holiday on Wednesday kept trading interest...
The Australian Dollar (AUD) is currently facing conflicting forces. The Reserve Bank of Australia (RBA) is expected to take a hawkish stance at its upcoming meeting, which could strengthen the AUD. However, the RBA also acknowledged economic...