Key Highlights USD/CHF started a consolidation phase above the 0.8755 level. A connecting bearish trend line is forming with resistance at 0.8825 on the 4-hour chart. EUR/USD started a minor pullback from the 1.0950 resistance zone. Gold remained elevated above the $3,030 zone. USD/CHF Technical Analysis The US Dollar declined heavily below the 0.8850 level […]
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Speaking to a European Parliament committe, ECB President Christine Lagarde warned that US tariffs of 25% on European imports could have a significant negative impact on the Eurozone economy, cutting growth by around 0.3% in Read more…
GBPUSD pulls lower after briefly touching 1.3000 area. Overbought signals reflect weakening bullish pressures. Buying the dip could be considered above the 200-SMA. GBPUSD made a modest push into the 1.3000 area following the FOMC Read more…
The GBP/USD pair surged to 1.3008 on Thursday, marking its highest level in 4.5 months. This upward momentum has fuelled speculation about additional gains for the British pound. Global Factors to Drive GBP/USD Movement The Read more…