Hello, GBP/USD finally broke below the 1.2700 mark in the US session, as sentiment worsened after disappointing US employment and inflation figures. Poor stock performance and rising Treasury yields increased demand for the US dollar. If GBP/USD...
Hello, EUR/USD fell as Wall Street gave up and major indices turned red. The pair is trading near a fresh weekly low in the 1.0460 price zone. Earlier in the day, the European Central Bank cut interest rates as expected, and the US published...
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USDCHF TECHNICAL ANALYSIS Today the price of USDCHF fell drastically, but after arriving at the price of 0.8900 it rose again with quite significant momentum, and there I thought the increase would break above the resistance level which was in the...
Technical Analysis USD/CHF H-4 Chart Hello everyone, technical analysis of the USD/CHF currency pair on the H4 chart: Current situationrice: 0.887. Moving averages: The price is above the 50-period moving average (MA50), which confirms a...