USD/CHF Hello, colleagues! USD/CHF is currently trading within expectations. The movement is taking place in a trading range between the levels of 0.9150 and EMA20, which has grown to 0.9105 using a local support level in the form of a fast EMA8 at...
GBP/USD GBP/USD outlook: GBP/USD is currently navigating a critical juncture, trading around the 1.2350 mark. The pair has shown sensitivity around the key support level of 1.2321, a zone that has been repeatedly tested this week. The importance of...
Governor Macklem highlighted the increasing uncertainty and susceptibility of the economy to shocks, indicating that the BoC is prepared for a cautious approach. He stated that policy rate adjustments will be assessed on a meeting-by-meeting basis,...
Forecast of EURUSD As I indicated in the accompanying diagram, I have noticed that the price of the EURUSD has been moving in a downward channel over the past few trading days on its daily time frame chart. Since Tuesday of this week, the price has...
EUR/USD EUR/USD outook: As of today, January 10, 2025, the pair is hovering around 1.0308, influenced by the eurozone's economic struggles and the US dollar's resilience. To summarize, the eurozone is facing an economic slowdown, with a...
