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ATFX foreign exchange market: AUDUSD fell below 0.6 under the impact of Trump’s policies
Macro aspect: The US dollar is in a weak cycle, and most non-US currencies are appreciating. For example, EURUSD has broken through the 1.1000 mark,...
EURCHF Faces Strong Resistance: Bearish Trend Expected – Forecast for March 13, 2025
The EURCHF pair recently concluded a bullish rally, reaching the 61.8% Fibonacci retracement level at 0.9650, where it encountered significant resistance. This resistance has...
GBP/CHF Approaches Key Resistance Level – March 6, 2025 Forecast
The GBP/CHF currency pair witnessed a strong bullish rally on Wednesday, capitalizing on sustained consolidation within a minor bullish channel. The pair successfully surpassed...
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GBPCAD Achieves Significant Gains – Market Forecast for March 4, 2025
The GBPCAD currency pair has shown notable strength, benefiting from positive factors such as its position within...
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GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady...
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EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing...
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EUR/USD Tests Initial Resistance Mark Amidst Ongoing Evaluation
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In recent developments, the EUR/USD currency pair underwent a test of the primary resistance level situated at 1.0955. While this point was probed, the...
GBP/USD Achieves Designated Milestone Before Experiencing Rebound
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In recent market activity, the GBP/USD currency pair successfully reached the targeted level at 1.2625 before staging a robust recovery. The pair's price movement...
USD/JPY Retests Neckline Level Amidst Negative Pressure
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In recent trading, the USD/JPY currency pair encountered downward pressure, leading to a retest of the crucial support level at 142.00. This mark holds...
GBP/JPY Sustains Ascending Trajectory
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The GBP/JPY currency pair has embarked on a trajectory of positive momentum, evident in the Stochastic indicator surging above the pivotal 50 level. This...
EUR/JPY Strengthens Amidst Uptrend
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The EUR/JPY currency pair sustained its lateral trajectory in the prior session, holding its position above the supplementary support level situated around 156.20. Concurrently,...
AUD/CAD Gears Up for Further Declines
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The AUD/CAD currency pair has now definitively affirmed its downward trajectory, notably achieving the previously identified downside target at 0.8730. This attainment potentially ushers...
Euro Extends Decline to Four-Week Low Amid Interest Rate Gap Concerns
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The euro witnessed a decline during European trading on Thursday, marking its fourth consecutive loss against the dollar and reaching a four-week low. This...
Swiss Consumer Prices Experience 18-Month Low
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Consumer prices in Switzerland exhibited a notable deceleration, registering a 1.6% increase in July. This marks the fifth consecutive session of reduced momentum and...
Oil steadies at 3-mth highs amid mixed China signals, strong dollar
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Oil prices fell slightly in Asian trade on Tuesday, hovering near three-month highs after a strong run of gains as markets digested mixed economic...
Dollar on track for second monthly loss in row
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Dollar fell in European trade against a basket of major rivals off three-week highs on profit-taking. The dollar is on track for the second monthly...
Yen declines 1% against dollar
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Yen fell against most major rivals on Monday as dollar strengthened and after mixed data. Earlier government data showed Japan's industrial production rose 2% in...
What is the current federal reserve rate: Understanding the Current Federal Reserve Rate
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The Federal Reserve, often referred to as the Fed, is the central banking system of the United States responsible for formulating and implementing monetary...