EUR/USD stays under pressure and trades below 1.0500 in the American session on Wednesday. The US Dollar stays resilient against its rivals after the data showed that the annual CPI inflation edged higher to 2.7% in November, not allowing the pair...
The GBP/USD currency pair experienced a significant decline on Wednesday, settling around the 1.2750 level. This downward movement was primarily triggered by the release of the US November Consumer Price Index (CPI) data, which largely aligned with...
AUD/USD Technical Analysis: At the moment, AUD/USD is trading close to 0.6400, showing a bearish trend below the 50-day moving average. I see strong support at 0.6370, and if this level breaks, the pair could slide further toward 0.6300. On the...
As the USD/CHF currency pair hovers around the 0.8830 mark, traders are navigating a landscape shaped by mixed signals and anticipatory moves. Recent stability in the Swiss Franc has been observed, even as it remains near its lowest point in a week...
USD/CHF Technical Analysis: Today, USD/CHF is trading around 0.8920, and it feels like the pair is in a bit of a consolidation phase after some recent ups and downs. I've noticed strong support at 0.8900, which has been holding well so far. If it...
