AUD/USD Looking at the AUD/USD pair today, it’s hovering around 0.6830, showing some slight upward movement after holding steady near 0.6800 support. I’ve noticed that the 50-day moving average acts as solid support, while the 200-day moving...
West Texas Intermediate (WTI) crude oil prices remain under pressure amid ongoing concerns over sluggish global demand and mixed economic signals from major economies like China. The lackluster fuel demand growth paints a complicated outlook for oil...
The Swiss National Bank (SNB)’s recent decision highlights rising global economic uncertainties and weaker-than-expected inflation within Switzerland. Meanwhile, the United States’ robust inflation trajectory has bolstered the Federal Reserve’s...
GBP / CHF: An Hourly Time Frame Recommendation Yesterday, the market of GBPCHF hit 1.1265 at night. It indicates that the Great British Pound is losing its value these days. Perhaps, it is an effect of holidays or negative news data. However, the...
Navigating the intricate dynamics of the currency pair requires balancing macroeconomic fundamentals with technical indicators. The US Dollar has been recovering from recent losses, while Canada’s subdued growth prospects further complicate the...
