AUD/USD Fundamental Analysis The Australian Dollar (AUD) tends to be influenced by domestic economic factors and global market sentiment, particularly commodity exports. Recently, Australian data has shown a mixed outlook. The unemployment rate...
USD/CHF From my perspective, USD/CHF is in an interesting position today, influenced by both fundamental and technical factors. On the fundamental side, the US dollar is holding strong thanks to hawkish Fed commentary and solid economic data...
The USD/CHF pair has shown a bullish movement recently, with the price climbing to 0.90015 before experiencing a minor retracement. The current price of 0.89878 indicates that the pair is consolidating after testing the 0.90000 psychological...
Support and Resistance in Forex Trading Support and Resistance are key concepts in technical analysis. They represent price levels where the market tends to reverse, stall, or consolidate due to the balance of supply and demand. What is Support? ...
Let’s start with the weekly chart of the D1 period - the AUDUSD currency pair. Yesterday evening, the covered news came out - FOMC Economic Forecasts, the US Federal Open Market Committee Statement, the US Federal Reserve Interest Rate Decision, the...
