The current situation in the USDCHF pair is quite concerning, as I observe a strong downward momentum with no significant signs of a reversal, particularly on the daily chart. I notice that despite minor intraday attempts to push higher, every rally...
CHFJPY Daily Forecast The CHFJPY currency pair was halted today but consolidated its recent gains after a strong rally that extended it to four consecutive days. The sideways movement occurred when the pair reached a key resistance area at 172.80,...
Domestic economic data in New Zealand presented a mixed outlook, with the Business NZ Performance of Services Index (PSI) falling to 49.1 in February, down from 50.4. This decline signals a return to contraction in the services sector, highlighting...
It seems that the bearish trend in the market has gathered momentum, allowing the bears to push further south. Currently, I anticipate that we will gradually decline towards the next support zone, which is identified within the range of 179.65 to...
President Trump recently announced plans to impose a 25% tariff on all steel and aluminum imports, although he did not specify which countries would be affected. In addition, Trump mentioned that further reciprocal tariffs would be revealed by...
