The USD/CHF pair has been impacted by various factors, particularly the escalating US-China trade tensions. In retaliation for the recent 10% US tariff on Chinese imports, China has imposed a 15% tariff on US coal and liquefied natural gas (LNG),...
Forex traders are closely watching the upcoming GDP release, with Q3 growth expected to confirm a preliminary estimate of 0.4% quarter-over-quarter. On an annual basis, GDP is forecasted to rise by a modest 0.9%, underscoring the region’s sluggish...
The crude oil H1 chart presents an interesting price action, showing both bullish and bearish movements in recent sessions. Currently, the price is stabilizing after a notable recovery from previous lows, suggesting that buyers are attempting to...
The USD/JPY pair has experienced a sharp decline, hitting a near two-month low as rising Japanese wages fuel expectations of a Bank of Japan (BoJ) rate hike. Simultaneously, the US Dollar (USD) has weakened to a fresh weekly low amid growing...
GBP/AUD is currently at a crucial juncture, where the pair's ability to sustain support at 1.9830 will determine whether a significant bullish move is possible. A successful rebound from this level could lead to an upside movement of 83 to 123 pips,...