Market sentiment in the UK has been largely shaped by the belief that the BoE will act decisively in response to unexpected inflationary developments. This confidence has been reinforced by the central bank’s recent communications, earning it...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis, the Down trend line is down and the market is pulling lower. The market price fell with the help of the trendline and moved towards the trendline after breaking each...
The GBP/JPY currency pair experienced a decline for the second consecutive session, trading around the 194.00 level during European trading on Friday. This downward movement is largely attributable to a strengthening Japanese yen (JPY), which gained...
In early European trading on Thursday, the USD/CHF pair initially rose but encountered sellers around the 0.8345 area. Despite showing slight gains on the daily chart, the pair appears poised for a test of the 0.8265 support level, as the US dollar...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price rises and forms an ascending channel. Breaking this channel of the market price is of great help to the price increase. If the market price is above this,...
