The US dollar (USD) gained ground against the Swiss franc (CHF) on Wednesday, fueled by rising US Treasury yields and shrugging off disappointing data from the US housing market. The lack of significant economic news from Switzerland left the...
On the downside, the immediate support for USD/JPY lies at the nine-day exponential moving average (EMA) at 158.60. A dip below this level could trigger a sell-off, potentially pushing the exchange rate towards the lower border of the ascending...
Analyzing Market Movements: EUR/ USD We are currently discussing and analyzing the price behavior of the EUR/USD currency pair. Following yesterday's trading session, the market closed with a bearish candle, marked by a long lower shadow. Sales...
The pair showed notable recovery on Wednesday, advancing towards the top of the Ichimoku Cloud (Kumo). At the time of writing, it gained approximately 0.87%, trading at 160.70. This movement was supported by robust data from the United States, which...
Gold market analysis On Wednesday (June 26), gold prices fell nearly 1%, hitting a low of $2,293.49, the lowest level since June 10, and closed at $2,297.91 per ounce. The market continues to digest the possibility that the Federal Reserve is...