The Australian dollar (AUD) managed to recover against the US dollar (USD) on Thursday, snapping a two-day losing streak. This modest recovery came despite mixed domestic employment data. While the jobs figures beat expectations, the unemployment...
WTI crude oil prices remained subdued during the Asian trading session on Friday, hovering around the $69.65 level. While the commodity is poised for solid weekly gains, the overall market sentiment remains cautious due to mixed fundamental factors....
GBP / CHF: An Hourly Time Frame Recommendation A bullish scenario is emerging regarding the GBPCHF market sentiment, highlighting a potential upward trajectory. The Swiss Franc is under pressure, influenced by recent news data that has weakened its...
The EURGBP exchange rate has rebounded since last Thursday after being hindered by the RBS area at a price of 0.82255. Its current position is now supported by the dynamic support of the 5-day moving average on the daily chart. However, its progress...
The continued strengthening of the US dollar currency outlook puts pressure on the AUD USD pair. This can be seen from the price action which is still bearish despite the uptrend. The ongoing upward correction phase was only able to touch the 200...