Analyzes

The USD/CHF pair is attempting to form a bottom as speculation of Swiss National Bank intervention grows, making a rebound increasingly likely.

The USD/JPY pair is testing crucial support at the 200-day EMA near 152, with signs of stabilization suggesting a potential rebound from oversold conditions.

Silver surged to a new high near $122 before reversing sharply on Thursday, highlighting intense volatility and the growing risk of a deep correction.

The German DAX fell to the €24,500 support zone on Thursday, testing a key breakout level as traders weigh geopolitical risks against fiscal stimulus optimism.

The Australian dollar pulled back sharply from 0.71 on Thursday, with 0.69 now a key support level amid central bank divergence and shifting risk sentiment.

The GBP/USD pair meets with a fresh supply following the previous day’s good two-way price swings and sticks to a negative bias through the first half of the European session on Friday.