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Play of the Day: Extended Downtrend for GBP/CHF?
A surprisingly slower U.K. inflation just dragged the British pound lower across the board!
Will it mean an extended downtrend for GBP/CHF?
Here’s what we’re looking at in the 1-hour time frame!
GBP/CHF 1-Hour Forex Charts by TV
In…
Forex and Cryptocurrencies Forecast for September 25 – 29, 2023 – Analytics &…
EUR/USD: Verbal Interventions by the Federal Reserve Support the Dollar ● In previous reviews, we extensively discussed the verbal interventions made by Japanese officials who aim to bolster the yen through their public…
EUR/USD on Breakdown Watch, EUR/GBP Stuck in No Man’s Land For Now
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EUR/USD ANALYSISEUR/USD has been falling on a sustained basis since mid-July more or…
Oil last spark before the weekend as UAW mentions progress with Ford
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Oil (WTI) goes sideways in the range between $88 to $93.
The US Dollar consolidates a new…
XAG/USD turns choppy after rallying near $23.70, US yields rebound
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Silver price turns back and forth after an upside move following the choppy US Dollar.
The Fed…
USD/MXN retreats from weekly highs drops below the 100, 20-DMAs
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USD/MXN edges lower by 0.48% on positive market sentiment and a weakened US Dollar.
Despite hawkish…
WTI struggling to recapture $90 heading into the end of the week
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WTI is strung up near $89.00/bbl after slipping off of recent highs.
US crude barrels briefly saw…
US Dollar Gets a Boost from Optimistic Fed; EUR/USD, GBP/USD, AUD/USD
US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups:USD boosted by higher for longer Fed rates after hawkish FOMC projections.EUR/USD and GBP/USD are testing quite strong support; AUD/USD has retreated from key…
Global Market Weekly Recap: September 18 – 22, 2023
Well, folks, buckle up because it’s been quite a week in the wild world of finance! It was like a circus, with central banks strutting their stuff, trying to balance signals of weakening growth and sticky inflation.
Let’s break it down…
EUR/USD treading water near 1.0660, hanging near the top of the range
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EUR/USD spends Friday trading into familiar territory.
US PMIs kept the USD capped with a mixed…