The spot price faces persistent challenges, struggling to gain traction amid a confluence of unfavorable factors. Key issues include uncertainty surrounding the Bank of Japan's policy direction, underwhelming economic data, and shifting global risk...
AUD/USD Looking at the AUD/USD pair today, it’s hovering around 0.6830, showing some slight upward movement after holding steady near 0.6800 support. I’ve noticed that the 50-day moving average acts as solid support, while the 200-day moving...
Navigating the intricate dynamics of the currency pair requires balancing macroeconomic fundamentals with technical indicators. The US Dollar has been recovering from recent losses, while Canada’s subdued growth prospects further complicate the...
Market participants are grappling with a complex environment defined by divergent monetary policies, fluctuating economic indicators, and evolving geopolitical risks. While optimism surrounding New Zealand’s inflation outlook offers potential...
GBP / CHF: An Hourly Time Frame Recommendation Yesterday, the market of GBPCHF hit 1.1265 at night. It indicates that the Great British Pound is losing its value these days. Perhaps, it is an effect of holidays or negative news data. However, the...
