USD/CHF: The USD/CHF currency pair currently presents a promising opportunity for a long position based on its price behavior. At the moment, the price is hovering around 0.85239, indicating a possible upcoming dip that could allow traders to...
The spot price experienced broad weakness on Monday, trading around the 1.3619 region, with a decline across most major currencies. However, it managed to rise by one-third of one percent against the weakening US Dollar (USD). The market remains...
GBP-USD H4 TIME FRAME Approaching the turn of September to October yesterday, the price movement of the GBPUSD pair had been held up for quite a long time around the 1.3380 area, but now the price has returned to moving bearish and even managed to...
The EUR/USD currency pair has recently been caught in a consolidation phase, lingering just below the 50-day exponential moving average (EMA) around the 1.1040 level. This consolidation is indicative of a tug-of-war between bullish momentum and...
The GBP/USD pair experienced a further decline, reaching a fresh four-week low as investor hopes for a rate cut by the Federal Reserve diminished following stronger-than-expected US labor market data. Additionally, geopolitical tensions contributed...