The US dollar weakened slightly against the Swiss franc during early European trading on Wednesday, trading around 0.9120. This cautious market sentiment stems from the anticipation of the upcoming US Consumer Price Index (CPI) data for December,...
The euro continued its upward trajectory against the US dollar on Wednesday, building upon gains from the previous trading session. This move comes amidst a backdrop of mixed economic signals and shifting policy expectations. A recent report from...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
Bitcoin posted modest gains early on Tuesday, briefly attacking $97,000 before retreating slightly. The move followed Monday's significant hammer candlestick formation, which is likely to attract the attention of technical traders. Bitcoin appears...
AUD/USD Technical Overview: As of today, January 15, 2025, I’m seeing the AUD/USD trading around 0.6198 USD per AUD. The 50-day moving average (MA) has recently crossed below the 200-day MA, which suggests a bearish trend, but I believe we might be...
