USD/CHF Technical Analysis: Currently, USD/CHF is hovering around 0.8800, with a bearish tone dominating the market. On the 4-hour chart, the pair is trading below the 50-day EMA, which serves as resistance near 0.8840. The RSI is sitting around...
Gold prices experienced a modest rebound on Monday, recovering slightly after hitting a two-month low in the previous session. However, the precious metal remains under pressure due to a stronger US Dollar and uncertainty surrounding the pace of...
AUD/USD Market Analysis Greetings and Good Morning In the last week, the AUD/USD market remained firmly in favor of sellers, with the pair closing below the critical 0.6500 zone, signaling a bearish sentiment in the market. This decisive break below...
The Australian Dollar loses ground as the US Dollar appreciates due to the rising likelihood of slower Fed rate cuts. Judo Bank Australian manufacturing activity improved in November but remained in contraction, while services activity slipped into...
The British Pound (GBP) weakened against the US Dollar (USD) on Wednesday, primarily driven by concerns about the UK's economic outlook. The release of disappointing UK economic data, including a decline in retail sales and a weaker-than-expected...
