The British pound is flexing its muscles against a weakening US dollar, fueled by growing investor confidence in a Federal Reserve interest rate cut come September. This bullish sentiment comes despite a recent surprise: hotter-than-expected...
After Thursday the candle managed to penetrate the h1 resistance at a price of 1.0844, the eurusd immediately experienced a very high increase. At that time the audusd immediately rose to a price of 1.0897. In the American session there was a...
The US Dollar (USD) weakened against the Swiss Franc (CHF) after disappointing personal consumption expenditures data for May in the US. This data release, along with the lack of significant news from Switzerland, put the spotlight on the US economy...
In recent trading, the gold bull is poised to complete a string of dozy patterns, reaching a high of $2,418 at the time of writing. Trading is still near the day’s high, heading into Friday’s close. This price action promises further gains after a...