Quick Look: USD/CHF at pivot 0.9060: Shows neutral intraday bias, bullish if
Quick Look: USD/CHF at pivot 0.9060: Shows neutral intraday bias, bullish if above 0.9014. Economic Indicators: The US Dollar is robust; Swiss unemployment is stable at 2.3%. Market Outlook: Short-term optimism; critical watch on
Quick Look: Chinese Yuan is expected to depreciate to 7.35 by Q2 2024 and 7.45 by Q3. PBOC set the CNY reference rate at 7.1059, with operations aimed at stability. Shifts in Chinese production affect global market prices and
Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex economic outlook; the US shows weaker figures. Technical patterns suggest a potential decline in EUR/USD amid fluctuating forex markets.
Quick Look: USD/CHF technical levels support at 0.9075, with key resistance at 0.9243 marked by SMA hurdles. Surpassed several technical barriers since early 2024, signalling a robust reversal pattern. Influenced by events like Israel’s drone attack on Iran and
Quick Look: As suggested by indicators like Bullish Hammer and Dragonfly Doji, AUD is shifting to a bullish sentiment against USD. The Australian inflation report and Chinese market movements could drive AUD volatility. Recommendation for a long position on
Quick Look: Chinese Yuan is expected to depreciate to 7.35 by Q2 2024 and 7.45 by Q3. PBOC set the CNY reference rate at 7.1059, with operations aimed at stability. Shifts in Chinese production affect global market prices and
Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex economic outlook; the US shows weaker figures. Technical patterns suggest a potential decline in EUR/USD amid fluctuating forex markets.
Quick Look: USD/CHF technical levels support at 0.9075, with key resistance at 0.9243 marked by SMA hurdles. Surpassed several technical barriers since early 2024, signalling a robust reversal pattern. Influenced by events like Israel’s drone attack on Iran and
Quick Look: As suggested by indicators like Bullish Hammer and Dragonfly Doji, AUD is shifting to a bullish sentiment against USD. The Australian inflation report and Chinese market movements could drive AUD volatility. Recommendation for a long position on
Quick Look: USD/CHF at pivot 0.9060: Shows neutral intraday bias, bullish if above 0.9014. Economic Indicators: The US Dollar is robust; Swiss unemployment is stable at 2.3%. Market Outlook: Short-term optimism; critical watch on 0.9243 for medium-term trends. Today, the USD/CHF pair has been observed at a pi point
Quick Look: Chinese Yuan is expected to depreciate to 7.35 by Q2 2024 and 7.45 by Q3. PBOC set the CNY reference rate at 7.1059, with operations aimed at stability. Shifts in Chinese production affect global market prices and trade. As of now, the exchange rate for the
Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex economic outlook; the US shows weaker figures. Technical patterns suggest a potential decline in EUR/USD amid fluctuating forex markets. In a week filled with pivotal economic updates, the
Quick Look: USD/CHF technical levels support at 0.9075, with key resistance at 0.9243 marked by SMA hurdles. Surpassed several technical barriers since early 2024, signalling a robust reversal pattern. Influenced by events like Israel’s drone attack on Iran and upcoming US economic data releases. The USD/CHF pair has
Quick Look: As suggested by indicators like Bullish Hammer and Dragonfly Doji, AUD is shifting to a bullish sentiment against USD. The Australian inflation report and Chinese market movements could drive AUD volatility. Recommendation for a long position on AUD/USD, with technical and economic backing for potential gains.
Quick Look: USD/CHF at pivot 0.9060: Shows neutral intraday bias, bullish if above 0.9014. Economic Indicators: The US Dollar is robust; Swiss unemployment is stable at 2.3%. Market Outlook: Short-term optimism; critical watch on