During Thursday’s North American session, the spot price dipped below the pivotal 1.3950 level, driven by a mix of market forces. Softer-than-expected Canadian Consumer Price Index (CPI) data, combined with strong U.S. Retail Sales figures from the...
The Japanese Yen (JPY) gained strength across the board following remarks from Atsushi Mimura, Japan's Vice Finance Minister for International Affairs, sparking speculation about a potential currency intervention. In addition to Mimura's comments,...
GBP/USD technical analysis: 4-hour chart: If we look at the market price in the 4-hour time frame, the market trend in this time frame is sell, and the price is falling. If we look at the market structure, the market is currently in a sell...
Technical Analysis Usdchf H1 Time Frame: The USDCHF currency pair is currently trading around 0.8858, with technical indicators on the hourly chart favoring a bullish scenario. Despite the MACD being in the negative zone, there is a possibility of a...
Oil Technical Analysis Crude Oil edges higher as Russia responds to Ukraine’s missile attacks by launching an intercontinental ballistic missile for the first time in the war. The Russian missile attack targeted critical infrastructure in the city...
