For today, I suggest placing a buy order above 1.1445 with a higher take profit (TP) level. The GBPCHF market may follow a bullish trend today, especially if the economic data supports positive momentum. A breakout above the resistance level at...
The US dollar is currently in no hurry to strengthen, and I believe this has allowed the Swiss franc, along with other currencies, to capitalize on the situation. I observe that the past trading week concluded near a significant support zone, from...
Crude Oil Price Move Our conversation revolves around the current pricing behavior of Crude Oil, which we're analyzing. As trading opens on this Monday, the oil market presents a subdued start with limited significant developments evident on the...
The EUR/USD pair retraced its intraday gains after reaching a one-month high near 1.0530, declining to around 1.0460 during Monday’s North American session. The pullback came as the US Dollar (USD) rebounded strongly, defying weak US flash SP Global...
During the Asian session, the USD fell to more than a two-month low and drew new supply on Monday. The greenback is still severely impacted by worries about the GDP forecast and the health of US consumers. Ahead of Friday's US PCE data, the USD...
