The outlook for the pair remains closely tied to broader economic conditions, with key developments from both the U.S. Federal Reserve and the Bank of Canada playing crucial roles. The Federal Reserve’s recent decision to ease monetary policy has...
TRADING CHART ON GBP USD H1. The GBP/USD pair has shown a predominantly bearish trend on the H1 chart, as evidenced by the price's consistent trading below the 200-period moving average. This moving average acts as a dynamic resistance, reinforcing...
The AUDNZD pair has essentially completed a retracement, with the price moving down from the FR 50 - 1.0972 level to the FR 61.8 - 1.0925 level. Additionally, the price that was rejected around the 200-day moving average has bounced back above the...
The USD/CHF currency pair experienced a rise during early European trading on Tuesday, reaching approximately 0.8990. This upward movement can be attributed to several key factors. The prospect of a longer-term period of higher interest rates in the...
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