As investors seek safe-haven assets, the Yen could strengthen, exerting downward pressure on the pair. However, uncertainty surrounding the Bank of Japan’s (BoJ) monetary policy stance may limit the JPY’s gains. BoJ Governor Kazuo Ueda has...
SILVER Technical Analysis 21 February 2024 Technically, I see that the Silver commodity has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following Silver 1 Hour Time Fame chart image...
The US Dollar (USD) remains under pressure as Federal Reserve Governor Michelle Bowman reiterated her preference for a cautious approach to interest rate cuts, citing persistent inflation above the central bank’s 2% target. Meanwhile, the benchmark...
Gold prices remain under the spotlight as market participants assess the Federal Reserve's stance on monetary policy alongside broader macroeconomic developments. With the Fed maintaining a data-dependent approach, traders are closely watching key...
USD/CHF Technical Analysis: USD/CHF is trading around 0.9170, showing some strength after bouncing off support near 0.9140. The pair is still in a mild uptrend, with the 50-day SMA acting as support and the 200-day SMA around 0.9100 providing a...
