The USD/CHF currency pair, currently trading at approximately 0.8978, has been in a bearish trend, reflecting a period of weakness for the US dollar (USD) against the Swiss franc (CHF). The decline in USD/CHF indicates various underlying economic,...
Hello how are you, GBP/USD is falling towards 1.2650 in the European session on Wednesday. Divergent Fed-BoE policy approaches and jitters ahead of the UK election keep the pair vulnerable despite risk appetite. Attention turns to mid-range US data,...
Rounding Top Candlestick Pattern? A Rounding Top is characterized by its gradual, arc-shaped formation atop an uptrend. It signifies a shift in momentum from bullishness to potential bearishness, indicating that the asset's price might be nearing a...
Yesterday, GBP/USD bounced off the 1.2603 level, triggering a minor decline. Unlike the euro, the British pound may resume its downward trend if the market plans to engage in selling. At the very least, the price should drop to the 1.2633 level....
The USD/CHF pair is currently trading around 0.8962, and the prevailing trend appears bearish. This suggests that market activity is subdued, potentially building towards a significant movement in the near future. Traders and analysts often observe...