The USDCHF fell below its 100 hour moving average, swing area and upward sloping trendline near 0.8956. That tilted the short-term bias to the downside. …
The GBP/USD has extended its recovery after reaching its lowest level since May 10, with the decline bottoming out at 1.24739, just below the November …
Summary 📉 Key Break Below 0.8956: The USDCHF dropped below significant resistance levels, including the 100-hour moving average, previous highs, and a trendline support level. …
Recent economic data is consistent with Fed projections Monetary policy is well positioned, is somewhat restrictive Inflation data since Sept has been ‘a touch higher’ …