Markets Weekly Outlook – US Dollar’s Fate Hinges on NFP as Fed Rate Cut Looms

The Dollar Index eases from new four-month high (105.33) posted on Wednesday’s sharp rally (the biggest daily gain in two years) on news of Trump’s election victory. Partial profit-taking pushed the price lower, but the dollar keeps firm tone (daily studies remain in full bullish setup) suggesting that current dip is just positioning for fresh […]

USDCHF has been rallying since end of September MACD and RSI seem to be strongly positive USDCHF is finding immediate strong resistance at the 200-day simple moving average (SMA) at 0.8816, recording a new three-and-a-half-month high. The momentum oscillators are confirming aggressive buying interest in the market, as the MACD is strengthening its movements above its trigger and […]

According to confirmed information, Iranian President Ebrahim Raisi, considered a potential successor to the country’s supreme leader, Ayatollah Ali Khamenei, died in a helicopter crash in a mountainous area near the border with Azerbaijan. The helicopter also carried Foreign Minister Hossein Amir-Abdollahian and other officials, all of whom perished. As news of the helicopter search […]