Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is currently positioned between the 0.9107 resistance level and the 0.9007 support level. We will find the next support at 0.8912 as the market price breaks...
I observe that Monday’s 100-point gap likely caught many off guard, as such volatility has been absent for a prolonged period.** However, buyers demonstrated resilience, swiftly reclaiming lost ground and hinting at a potential reversal toward...
The USD/CAD H1 chart shows a recent period of strong volatility, with a sharp bullish move followed by an equally aggressive bearish correction. The price currently sits at 1.4311, after peaking near 1.4810 before reversing downward. The market...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as the market reacts to recent economic data and central bank sentiment. The Bank of England (BoE) held rates steady at 5.25%, but Governor Andrew Bailey’s dovish comments suggest a...
Silver Price Forecast: XAG/USD Silver prices surged to a three-month high of $32.38 on Wednesday. Safe-haven metals gain ground amid risk-off mood following global trade and economic uncertainties. Traders await Friday’s US Nonfarm Payrolls, which...