Traders are increasingly anticipating that the European Central Bank (ECB) will cut its Deposit Facility rate in the upcoming four policy meetings. This expectation follows comments from ECB policymaker and Finnish central bank governor Olli Rehn,...
USDJPY Technical Analysis USDJPY has been in a strong uptrend, recently breaking out of a rising wedge pattern. The price has surged above the 150.000 psychological level and is currently trading at 150.510, indicating strong bullish momentum. The...
The Australian dollar showed some strength during the commercial session on Monday, publishing modest profits. However, the currency currently faces a significant obstacle in the 50 -day exponential mobile (EMA) mobile, which has acted as a strong...
USD/CHF USD/CHF Is Trading Around 0.8850 Shortly After the US PMI Report Key Analytics: USD/CHF rises as the US dollar recovers from daily losses, supported by higher Treasury yields. The US Dollar was under pressure as concerns about a probable...
USD/CHF Technical Analysis (H1 Chart): The USD/CHF pair on the H1 timeframe shows a consolidation phase, with the current price hovering around 0.8832, slightly above the session low of 0.8831. The narrow range between the high (0.8836) and low...
