USD/CHF has demonstrated an upward trend, approaching around 0.7830 in the early European session on Tuesday. Recent US strikes have reduced optimism surrounding a peace deal, consequently strengthening the US Dollar. The pair sustains a pessimistic perspective below the 100-day EMA, coupled with bearish momentum indicated by the RSI. The first upside barrier is identified … Read more
EUR/USD edges higher during the North American session, up 0.42% amid growing speculation that the Federal Reserve would continue easing policy, amid a scarce economic docket on both sides of the Atlantic. The pair is currently at 1.1757, having recovered from daily lows of 1.1706. EUR/USD increases by 0.42% to 1.1757, recovering from 1.1706 as … Read more
The EUR/USD concluded Friday with a decline of 0.10%, yet the week wrapped up positively with an increase of 0.51%, as risk appetite waned due to rising speculation regarding a potential pause in the Federal Reserve’s easing cycle next month. Nonetheless, the pair concluded above the 1.1600 level, setting the stage for additional upward movement. … Read more