Heading into the upcoming week, the ongoing discussion over interest rates within the European Central Bank (ECB) is escalating, especially when compared to the Federal Reserve's increasingly less accommodating policy intentions (interpreted as fewer anticipated interest rate reductions).ECB …
EURCHF Analysis - Sets to Resume its Bullish Trend EURCHF reaccumulates below the 0.98480 resistance. The ongoing bullish trend began in January 2024. The bears exited the market as the year 2023 came to an end. The market's overall trend is now set to resume as the price experiences a …
USDCHF Analysis - Price Sets to Decline as Buyers Exit the Market USDCHF buying momentum declines as the price enters the premium zone. USDCHF experienced a short-term consolidation as the price struggled to break beyond the 0.91130 swing high. The market is already in an overbought state, as …