I analyzed the USD/CHF pair’s recent decline from 1.00338 to 0.83910, expecting further downside, but I noted repeated pullbacks tied to macroeconomic events. I initially linked the Fed’s hesitation on rate cuts to temporary dollar weakness, but the...
USDJPY currency pair - D1 chart. The wave structure still has an ascending character of construction, but the MACD indicator is in the lower sales zone and below its signal line. Here you can see how at the end of last January the price was fixed...
The USD/JPY currency pair has continued its downward trajectory, breaching the critical 200-day simple moving average (SMA) at 152.73 and reaching a three-day low of 152.02. This decline is largely attributed to pressure on the US dollar following...
Gold prices (XAU/USD) have experienced a slight dip, trading around $2,795 in early Asian trading on Monday. This downward pressure stems primarily from a strengthening US dollar, which has been buoyed by recently imposed tariffs. The US has...
GBP USD As February 15, 2025, the British Pound (GBP) has reached its highest value against the US Dollar (USD) this year, trading at approximately 1 GBP = 1.263 USD. Factors Contributing to the Pound's Strength: 1. UK Economic Performance: The...
