USD/CHF USD/CHF is holding steady around 0.8940 this morning, after consolidating for a while. The pair’s been supported by the strength of the U.S. dollar, but it’s not making much headway as the Swiss franc remains fairly resilient due to its...
Ongoing conflicts in the Middle East and the enduring Russia-Ukraine war have fueled demand for the US dollar as a safe-haven asset. However, expectations are mounting that the Federal Reserve could resume its rate-cutting cycle sooner than...
ANALYSIS OF EUR/USD PAIR. On the 30-minute timeframe for EUR/USD, the price action illustrates a strong bullish trend, marked by a decisive breakout above key resistance levels and consistent price action above the 50-period moving average. From...
USD/JPY Right now, USD/JPY is trading around 134.50, holding steady after some stability last week. The pair’s been supported by a strong U.S. dollar, but it’s having trouble pushing higher with global markets showing some caution. Technical View:...
The bearish situation for the USD/CHF pair remains uncertain, as the Ichimoku indicator still shows a sell signal with the RSI indicator crossing below the RSI indicator at 0.8030 and 0.8075, respectively. However, the price is currently at 0.8090,...
