USDCNH – 10 Sep 2024

USDCNH – 10 Sep 2024 On the weekly timeframe, USDCNH is seen trying to break out of the kumo cloud by initiating a bullish trend since last week. Previously, the pair experienced a bearish trend after failing to break the resistance line, which brought the price down into the kumo, reaching a price position of […]
GBPUSD Erases Gains: US Jobs Data Spurs Dollar Rally

GBPUSD Erases Gains: US Jobs Data Spurs Dollar Rally The GBPUSD pair erased over 1% in gains on Friday after a sharp rally in the US dollar, triggered by the latest US jobs report. The UK currency initially rose to a session high of $1.3230, nearing its 2024 peak, before falling. This reversal followed the […]