Market Fundamentals: The latest data from the Bureau of Labor Statistics revealed that the US Consumer Price Index (CPI) rose by 2.9% year-over-year in December, aligning with market expectations and exceeding the previous reading of 2.7%....
Your observation about sellers testing the support zone for the third time is crucial, as multiple rejections from this area indicate its significance. Currently, USD/CHF is hovering around 0.8968, and if sellers manage to break and hold below...
Market Fundamentals: The Swiss Franc (CHF) remains under pressure as investors anticipate further interest rate cuts by the Swiss National Bank (SNB). With Swiss interest rates already lowered to 0.5% amid concerns that inflation may fall below the...
USD/CHF The USD/CHF market is currently experiencing a downtrend. The USD/CHF market is currently trading at 0.89739, with weakness in bullish momentum. In the H1 timeframe, the price gradually moves towards the support level of 0.89500, indicating...
USDJPY currency pair - the week is ending. Let’s consider the chart of the D1 period. The wave structure still has an ascending character of construction, because there was no update of the bottom of the previous wave. But the MACD indicator is...
