GBP/USD has come under renewed bearish pressure and declined below 1.2100 in the early European morning on Wednesday. The UK’s ONS reported that the annual CPI declined to 10.1% in
USD/JPY reverses an intraday dip to a fresh weekly low, albeit lacks follow-through. A mildly positive tone undermines the safe-haven JPY and lends support to the pair. Bets for smaller
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USDZAR Technical Analysis: Weekly Chart In the weekly charts, USDZAR is trading in an up channel. USDZAR is currently trading above all SMA except MA (5). RSI is in the
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US Dollar Index is trading up 0.21% at 112.32 The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to water
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GBPCHF Technical Analysis: Weekly Chart In the weekly charts, GBPCHF is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
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EURCHF Technical Analysis: Weekly Chart In the weekly charts, EURCHF is trading in an upward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
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GBPCHF Technical Analysis: Weekly Chart In the weekly charts, GBPCHF is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
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EURCHF Technical Analysis: Weekly Chart In the weekly charts, EURCHF is trading in an upward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
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GBPCHF Technical Analysis: Weekly Chart In the weekly charts, GBPCHF is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
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