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The buyer's push that made the price crawl slightly has brought the price to reach the EMA 200 H1. Although it was rejected, last Friday the price tried to test the area again. From the daily open Friday 0.9425 the price was pushed up and touched...
General Points about GBPAUD: The GBPAUD market showed strong bullish momentum as it reached the 1.9854 level on Friday. We observed that the GBPAUD market reached the 1.9854 level on Friday, reflecting the dominance of buyers despite various...
Market Fundamentals: Switzerland’s inflation rate edged lower in December 2024, reinforcing expectations that the Swiss National Bank (SNB) will implement further interest rate cuts this year. The country’s Consumer Price Index (CPI) increased by...
Market Fundamentals: Market sentiment has shifted slightly regarding the Bank of Canada’s (BoC) monetary policy stance after stronger-than-expected labor market data. The latest figures revealed that the Canadian economy added more jobs than...