February 5, 2025 The GBP/USD pair is trading around 1.2530, reflecting a recent upward trend. Technical Indicators: Moving Averages: The pair is trading above its 20-day Simple Moving Average (SMA), indicating a bullish trend. Relative Strength...
Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...
Federal Reserve Bank: rates will remain unchanged in the near future The heads of the Federal Reserve Banks of Boston and Atlanta, Susan Collins and Rafael Bostic, believe that given the uncertainty in the US economy and politics, there should be no...
The US dollar is experiencing a remarkable decrease against Japanese yen, and the couple currently proves the 200 -day exponential mobile crucial (EMA). This technical level, widely monitored by merchants, often serves as a fundamental point that...
General Points about USDCHF: Although there are no scheduled news events for CHF in this week's calendar, USD-related events have been causing a significant impact on the USD/CHF market. Economic data releases such as JOLTS Job Openings, ISM...
