The Swiss Franc (CHF) weakened significantly after the Swiss National Bank (SNB) delivered an unexpected 50 basis point rate cut last week, exceeding forecasts for a smaller reduction. The move aimed to counter subdued inflation, but it pressured...
The EUR/CHF chart on the H1 timeframe shows that the current price is 0.9380, moving near the 0.9390 resistance level. The overall trend in recent sessions has been bearish, characterized by lower highs and lower lows, indicating weakening bullish...
TRADING CHART ON USD JPY H1. Here's a look at the USDJPY pair on the 1-hour chart. We'll check out how the price is moving, which is now about 148.95. Using both technical and basic analysis, we'll find the closest areas where selling pressure might...
The USDJPY pair recently reached the 148.50+/- level, and from this point, I considered the possibility of a rebound and the beginning of an upward movement. However, so far, there has been no significant activity from buyers. While they are not...
Technical analysis of Silver I was doing silver technical analysis today and the silver market open interest is falling which is helping the price down. The market closed above the support level and rebounded after rejecting the major support level...
