The GBP/USD pair continues to trade in a narrow range around the 1.2450 level on Wednesday, as market participants remain cautious ahead of the release of the US Consumer Price Index (CPI) data for January. The lack of clear directional momentum...
reface to EUR- CHF MovementThe EUR- CHF brace has displayed strength at the morning of this week, demonstrating a brio back from the demand area above 0.93588 on the diurnal time frame. Accordingly, the price has returned to the vicinity of the...
Have a nice day everyone! Let's look at the M15 chart. It shows a linear regression channel, which indicates the strength of buyers and the upward trend. The market is moving towards the upper boundary of the channel at 1.03925. To open a position,...
12 February 2025 USD/JPY rises to fresh weekly high above 154.00 after US inflation data. USD/JPY gathered bullish momentum in the early American session on Wednesday and reached a fresh weekly high near 154.50. At the time of press, the pair was...
The provided NZD/USD H1 chart presents a comprehensive view of price action over several weeks, showing fluctuations between approximately 0.5500 and 0.5730. The red moving average, likely a short-term indicator such as a 50-period SMA, reveals how...
