The Japanese Yen (JPY) experienced a slight recovery against the US Dollar (USD) during the Asian trading session. While the US Dollar has been gaining strength due to rising US Treasury yields and a more cautious stance on interest rate cuts, the...
EUR/USD consolidates in a tight range near 1.0500, with investors focusing on the Fed’s policy meeting. The Fed is widely expected to cut interest rates by 25 bps but to deliver slightly hawkish remarks on policy guidance. ECB’s Rehn said that...
USD/CHF Here’s my take on USD/CHF for today based on both technicals and fundamentals: Technical Analysis The pair is trading around 0.8840, slightly below the 50-day moving average, which is acting as a key resistance. If USD/CHF breaks above...
Technical analysis of Silver I was doing a technical analysis of silver today, and the silver market price positions are falling, which is helping the price lower. The market price rebounded after rejecting the main support at 30.669 and closed...
EUR/USD 4-Hour (H4) Timeframe Analysis The EUR/USD 4-hour chart illustrates a price consolidation phase. In this analysis, we will look at moving averages and the Stochastic Oscillator to better understand market conditions and potential future...
