where there was a strong presence of sellers who succeeded in pushing the price to penetrate the key support level at 1.656xx. Apart from that, there was also an intersection between the EMA 50 and EMA 100, which is often considered a signal of a...
Navigating Volatility: High-Impact News and Forex Trading Strategies Today, the forex market is bracing for significant volatility due to the release of high-impact news affecting various currencies. These announcements are expected to generate...
Nvidia’s stunning rally serves as precursor to Wall Street slump Analysts and market participants are alarmed about the state of the US stock market, predicting its collapse. So, it makes sense to factor in this grim scenario. However, is the...
AUD/USD is trading at 0.6663, which is 0.24% higher for the day. Australian inflation is increasing rapidly. In May, Australia's CPI reached up to 4.0% from April's 3.6%, which was above the market's estimate of 3.8%. This is the highest level since...
"CHF/JPY" The Swiss franc is a reserve currency. Therefore its value surges during times of uncertainty as investors seek safe-haven options. The exchange rate of Swiss Franc is also determined by economic factors such as interest rates, trade...