Your observation about sellers testing the support zone for the third time is crucial, as multiple rejections from this area indicate its significance. Currently, USD/CHF is hovering around 0.8968, and if sellers manage to break and hold below...
Japan’s parliament has commenced an extraordinary session as Prime Minister Shigeru Ishiba’s minority government pushes for a supplementary budget aimed at supporting inflation-stricken households and amending political funding laws. Meanwhile, the...
The EUR/JPY H4 chart reflects the recent price action aligning with the fundamental and technical outlook you provided. The pair has been in a downward trajectory, currently testing key support levels near 155.90, which coincides with the...
Market Fundamentals: Gold prices remain under pressure as a combination of factors limits upside momentum. Easing concerns over disruptive trade tariffs under a potential Trump 2.0 administration has bolstered investor confidence, reducing the...
The Bank of England (BoE) recently lowered its key borrowing rate by 25 basis points to 4.75%, signaling a gradual easing of monetary policy. However, Governor Andrew Bailey emphasized that interest rates would remain restrictive until inflationary...