USD/CHF H1 Chart The USD/CHF market is currently downtrend and is trading at 0.8930 on the H1 (1-hour) chart. The price recently tested the 20 SMA, moving towards the support level of 0.8920. This support level is critical as it will determine...
GBP/USD Greetings and Good Morning guys! The market scenario of GBP/USD looks in favor of sellers these days, with bearish sentiment dominating price action. The GBP has no particular news events to follow, leaving it vulnerable to broader market...
GBP/USD price forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, is attempting a modest recovery on Wednesday but remains near yearly lows at 106.50. Traders continue to weigh...
Market Fundamentals: The US Dollar (USD) strengthened following the Federal Reserve’s (Fed) hawkish policy stance, which also fueled a rally in Treasury yields while delaying expectations for an initial rate cut. The Fed signaled a slower pace of...
NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
