**GBP/USD Technical Analysis: Market Insights and Forecast** The GBP/USD pair has recently shown resilience, despite prevailing bearish trends. The British pound strengthened against the US dollar following the recent US jobs report, which revealed...
**EUR/USD Market Analysis - August 5, 2024** Good morning traders, The EUR/USD currency pair continues to exhibit a strong uptrend, following a similar trajectory as observed last month. This bullish momentum remains evident as we begin this week,...
### Current Analysis and Future Projections for USD/CHF **Current Market Situation** As of now, the USD/CHF pair is trading at 0.8483, exhibiting a bearish trend. The market's slow movement indicates cautious sentiment among traders, reflecting...
The moment we had waited for this year arrived last week. At the FOMC meeting on July 31, Fed Chair Jerome Powell reckoned an interest rate cut was ‘on the table’ in September.” “In the previous meeting on June 12, Powell said the Fed was ready to...
**Possibility of Uptrend in Market** **Market Sentiment Shifting** The market is displaying signs of a shift from a bearish to a bullish bias. Yesterday's trading session opened at 0.6543 and closed at 0.6503, signaling a bullish sentiment despite...