TRADING CHART ON USD/CHF H1. Here's our daily look at the USDCHF. We're checking out the price changes on the 1-hour chart, mainly looking at supply and demand. The price is near 0.8913. The closest demand area is around 0.8866, with another one...
Market Fundamentals: The recent rally in the US Dollar (USD) has driven it to its highest level since November 2023, putting pressure on major currency pairs, particularly the GBP/USD. The release of the latest employment figures from the UK showed...
In my analysis of the NZD/USD trading pair, I observe that the market has recently undergone a substantial decline, which I anticipate may continue in the short term. The price has recently wiped out two bullish candles with a single bearish candle,...
USD/CAD Current Market The general trend in the USD/CAD market was bearish, but the market is recovering. The USD/CAD market is currently trading at 1.43036. It had previously attempted to break below the 1.42500 support level, but the price could...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
