USD/CHF Technical Analysis: USD/CHF is trading around 0.9170, showing some strength after bouncing off support near 0.9140. The pair is still in a mild uptrend, with the 50-day SMA acting as support and the 200-day SMA around 0.9100 providing a...
The US dollar has declined abruptly against Japanese Yen, a large triggered by the unexpectedly high interest rate of Japan, which saving around 1%, which has sent investors fighting to adjust their positions. This sudden movement has shaken the...
USD/JPY Technical Analysis: USD/JPY is trading around 150.20, holding steady after testing key resistance at 150.50. The pair is still in an uptrend, with the 50-day SMA providing strong support near 149.50. The 200-day SMA at 147.80 reinforces the...
EUR/USD Technical Analysis: EUR/USD is hovering around 1.0800, struggling to gain any real momentum. The pair recently tested 1.0830, but sellers stepped in, keeping it range-bound. The 50-day SMA near 1.0820 is acting as resistance, while the...
The Reserve Bank of Australia's (RBA) closely watched Trimmed Mean Consumer Price Index (CPI) showed a decline to 3.5% in the third quarter from 4.0%, yet inflation remains above the central bank’s target range of 2%-3%. This persistent inflationary...
