GBP/USD The GBP/USD currency pair is currently navigating a tight consolidation phase, with its price action confined to a narrow band between 1.2700 and 1.2800. This stagnation reflects the interplay of opposing technical forces that have...
Renminbi falls prey to Trump’s looming hefty tariffs The Chinese currency is facing a challenge! The yuan will have to contend with the current policies of US President-elect Donald Trump. According to CNBC, China’s authorities are grappling with a...
Silent Point about USDJPY This is quite encouraging for buyers as the USDJPY market is making a comeback. After experiencing a pullback, the market recently reached the 150.03 level, indicating that buyers are successfully recovering their losses....
Important Points about USDCAD: The USDCAD market is likely to trend in favor of buyers. The current market conditions suggest a bullish outlook, with potential movement above the 1.3263 level. This level holds significant importance, as breaking...
General Points about USDCHF: Current week, several news events related to the Swiss Franc will be released, including the SNB Rate Statement and Press Conference, which hold the potential to significantly impact the market. Such events often bring...
