The EUR/USD currency pair exhibited considerable volatility last week, marking a period of significant fluctuations in its exchange rate. On Friday, the pair reached a notable six-week low, dipping to 1.0680. This marked a significant downturn from...
USD/CHF Hello. As far as the correlation is concerned, I am the first to see if there is any inconsistency in the correlation with the US Dollar Index, and indeed, while last Friday the US Dollar Index confidently moved north. On the other hand, for...
Fundamental Analysis On Friday, the Canadian dollar (CAD) made a meager comeback, rising from most of its major currency peers and recovering only a tenth of a percent against the US dollar (USD). The market is cautious due to an unexpected decline...
The diffused lamp is an important example of a candle used in technical analysis to identify potential changes in the market. It consists of two candles with the second candle completely covering the body of the previous candle, indicating a sharp...
The USD/CHF currency pair, recently trading near the 0.8945 level, is exhibiting a complex interaction influenced by a variety of economic factors from both the United States and Switzerland. These dynamics are underpinned by US economic data...