The GBP/JPY pair experienced a significant decline on Thursday, reaching its lowest level in nearly a month and approaching its critical 200-day Exponential Moving Average (EMA). This downturn reflects a prevailing cautious market sentiment,...
Forecast of EURUSD As I indicated in the accompanying diagram, I have noticed that the price of the EURUSD has been moving in a downward channel over the past few trading days on its daily time frame chart. Since Tuesday of this week, the price has...
USD/CHF Hello, colleagues! USD/CHF is currently trading within expectations. The movement is taking place in a trading range between the levels of 0.9150 and EMA20, which has grown to 0.9105 using a local support level in the form of a fast EMA8 at...
GBP/USD GBP/USD outlook: GBP/USD is currently navigating a critical juncture, trading around the 1.2350 mark. The pair has shown sensitivity around the key support level of 1.2321, a zone that has been repeatedly tested this week. The importance of...
•••USD/CHF Market Action: January 10, 2025••• ••Current Price Movements • The USD/CHF pair is trading at a bid price of 0.9139 and an ask price of 0.9142, with a spread of three pips. These figures reflect the balance between market demand and...
