General Points about GBPCHF: The GBPCHF market has reached the 1.1243 level so far and has the potential to move further up. No scheduled news events for CHF in this week's economic calendar mean no major factors could strengthen the Swiss franc....
The Reserve Bank of Australia (RBA) held the Official Cash Rate (OCR) steady at 4.35% during its final policy meeting of the year. RBA Governor Michele Bullock acknowledged that while inflationary pressures have somewhat eased, they remain a concern...
Evening Star Candlestick Chart Pattern The Evening Star is a bearish candlestick pattern that typically signals a potential reversal at the top of an uptrend. It consists of three candles: First Candle (Bullish): A large green (bullish) candlestick...
The US Dollar experienced a sharp unwinding of long positions following the latest Des Moines Register/Mediacom Poll, which revealed that Vice President Kamala Harris is leading former President Donald Trump by three points in Iowa—a state Trump won...
The EUR/USD H4 chart shows a clear downtrend over an extended period, marked by lower highs and lower lows. The red moving average, likely a 50-period SMA, acts as dynamic resistance, with price consistently rejecting it as it trends downward. The...
