
GBP/CHF Forecast: Eyes Reversal Potential – 10 October 2025
GBP/CHF bounced from strong support at 1.07 on Thursday, suggesting resilience and a potential trend shift if price breaks above the 1.08 resistance level.
GBP/CHF bounced from strong support at 1.07 on Thursday, suggesting resilience and a potential trend shift if price breaks above the 1.08 resistance level.
USD/CHF strengthened on Thursday, with bullish momentum pointing to a potential breakout above 0.81 and a longer-term move toward the 200-day EMA.
Crude oil declined on Thursday amid oversupply concerns and a strengthening US dollar, with traders watching key support near the $60 level for direction.
Tesla eased lower on Thursday in a quiet, sideways session, with markets consolidating ahead of its upcoming October 22 earnings call and key resistance levels in play.
Silver rallied to the critical $50 level before sharply reversing on Thursday, highlighting intense volatility and signaling potential short-term exhaustion.
Gold is looking to build on Thursday’s late rebound as buyers aim for the key $4,000 level once again early Friday, snapping the corrective decline from lifetime highs of $4,059 set on Wednesday.