I observed that the pair was trading within a range, and when it approached the minimums at 0.55442, I noticed that the buyer was gaining volume. I assumed that the pair would likely go up, anticipating a trend reversal. I based this assumption on...
The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
The foreign exchange market is witnessing a dynamic interplay between safe-haven currencies and risk-on sentiments. With mounting speculation over the timing of the next rate hike by the Bank of Japan (BoJ), the traditionally secure Japanese Yen...
The outlook for the US Dollar and bond yields remains robust as the Federal Reserve is anticipated to deliver fewer interest rate cuts this year, buoyed by an upbeat economic trajectory. Market sentiment is further strengthened by optimism...
This past week, I observed a clear decline in the market, with Monday, Tuesday, and Wednesday forming a range-bound movement. However, on Wednesday, I noticed the beginning of a decline that pushed the price toward the support level of 189.812. I...
