Forecast of USDCHF The overall price increased last week, based on my assessment of the daily time frame, but when it challenged the resistance level of 0.9136, the RSI indicator reached the overbought level because of the powerful buying momentum....
USD/CAD USD/CAD outlook: As we step into 2025, the USD/CAD pair is under the spotlight. The U.S. dollar continues to maintain its strength against the Canadian dollar (CAD), reflecting the ongoing divergence in economic recoveries between the two...
XAU/USD Technical Analysis and Market Sentiment Update Current Market Sentiment: XAU/USD (Gold/USD) is currently in an uptrend. The price is fixed at 2663, and the low is 2655 today. The FOMC minutes released earlier had a significant impact on...
The GBPNZD pair is currently experiencing a temporary downward correction phase. After reaching a high price of 2.2388, the price was unable to maintain its upward momentum and fell, easily passing the EMA 50 and pivot point of 2.2190. Although the...
The Pound Sterling (GBP) didn't do as well as its big peers on Thursday because the UK government's borrowing costs went up a lot. The 30-year gilt yield has reached 5.36%, the highest amount since 1998. This is because a lot of UK bonds have been...