GBP / CHF: An Hourly Time Frame Recommendation Yesterday, the market of GBPCHF hit 1.1265 at night. It indicates that the Great British Pound is losing its value these days. Perhaps, it is an effect of holidays or negative news data. However, the...
The spot price faces persistent challenges, struggling to gain traction amid a confluence of unfavorable factors. Key issues include uncertainty surrounding the Bank of Japan's policy direction, underwhelming economic data, and shifting global risk...
The absence of a clear consensus among European Central Bank (ECB) policymakers has added complexity to market sentiment, particularly in predicting the institution's next steps on interest rate decisions. Divergent views on potential rate cuts...
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...
AUD/USD Looking at the AUD/USD pair today, it’s hovering around 0.6830, showing some slight upward movement after holding steady near 0.6800 support. I’ve noticed that the 50-day moving average acts as solid support, while the 200-day moving...