USDCHF under bearish pressure as it fails to break key resistance

USDCHF remains below the 0.8900 level. Sellers in control. The tumble lower in the USDCHF took the price below its 100-day moving average at 0.8896 (blue overlayed step line on the chart above), 50% retracement at 0.88999, and Swing level near the 0.89000 level (see red circles on the chart above). Since then, the price

Dollar posts steep weekly fall, trades below 150 yen By Reuters

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar posted its second-steepest weekly decline versus other major currencies this year on Friday, while the yen strengthened sharply, and the dollar traded

Fed's Goolsbee: We will do whatever it takes to beat inflation

There is a ‘big gap’ between the data and how consumers/businesses feel about the economy Inflation is front-of-mind to me Inflation is improving but still too high The Fed’s Collins is due up on CNBC in a couple minutes. This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز

Fed’s Collins: I wouldn’t take additional hiking off the table

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Eurozone CFTC EUR NC Net Positions up to €108.9K from previous €89.1K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

Atlanta Fed GDPNow Q4 2.0% vs 2.2% prior

The latest tracker is down to 2.0% from 2.2%. After recent releases from the US Census Bureau, the US Bureau of Labor Statistics, and the US Department of the Federal Reserve Board of Governors, the nowcast of fourth-quarter real gross private domestic investment growth decreased from -0.8 percent to -1.8 percent. The consensus is just

Experiences setback but remains bullish as hammer looms

Share: EUR/JPY faces a slight downturn but manages to stay above the crucial 163.00 level. The pair touched a three-day low at 162.15, yet a ‘hammer’ pattern in today’s trading indicates potential buyer intervention around the Tenkan-Sen level of 162.37. A move below 163.00 might lead to a further decline towards the day’s

B-Clock MT5 Indicator – ForexMT4Indicators.com

In the fast-paced world of trading, having a reliable tool that can assist you in making well-informed decisions is paramount. Enter the B-Clock MT5 Indicator, a powerful instrument that has been gaining traction among traders for its ability to provide crucial insights into market timing and trends. In this article, we will delve deep into