The USD CHF currency pair maintained its upward trend, staying above the Kumo cloud area. The price rose, reaching a high of 0.8892 and approaching the psychological level of around 0.8900. Although there was a downward correction in the Kumo cloud...
Broader economic trends remain pivotal in shaping the trajectory of the pair, with monetary policy decisions from the Federal Reserve (Fed) and the Bank of Canada (BoC) taking center stage. Any dovish stance by the Fed or hawkish signals from the...
The Fiber ticked lower and struggled to maintain levels above 1.0520 during Thursday's European trading session. Despite slight gains, the major currency pair faces significant pressure as investors continue to digest the political instability in...
Crude Oil has been showing significant price action on the H4 time frame chart, with a steady increase in value over the past trading day. This bullish momentum led to a test of the 50 EMA (Exponential Moving Average) line, where the price...
General Points about USDCHF: Today, the Swiss National Bank (SNB) Monetary Policy Assessment, SNB Policy Rate, and Press Conference are important events that could significantly influence the market. These developments will likely provide insights...
