Day: December 15, 2023
Dec
15
EUR skyrocketed, helped by the Fed. Overview for 14.12.2023
The primary currency pair is holding higher on Thursday. The current EURUSD exchange rate stands at 1.0905. Investors are reacting against the US dollar after extracting valuable insights from the Federal Reserve’s aggressive comments. The Fed’s meeting ended with a neutral outcome. The interest rate was kept at 5.50% per annum, and the tone of […]
Dec
15
Murrey Math Lines 14.12.2023 (USDCHF, XAUUSD)
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are going below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. However, the RSI has reached the oversold area. As a result, a rebound from the 2/8 (0.8667) level is expected, followed by a price rise to the resistance at 4/8 (0.8789). The […]