AUD / USD: An hourly time frame Recommendation All news data from the United States concerning the Dollar failed to provide adequate support to the bulls of AUDUSD, leaving the pair under significant bearish pressure. Yesterday, the price reached...
EUR/USD technical analysis A bullish engulfing pattern can be seen on the H1 chart. This pattern is ideal because the bodies and shadows of bullish candles completely close those of previous bearish candles. Based on the H1 chart, oil prices may...
General points about CHFJPY: The CHFJPY market experienced significant selling pressure this week, resulting in a notable downward movement. The release of the Swiss CPI rate did not provide meaningful support, as the inflation data failed to...
USD/CHF Market Outlook Greetings and Good Morning guys! This week, the US dollar faced negative news events which made e weak. Therefore, the market dropped sharply down and reached at 0.8784 zone. Overall, one bright spot emerged in the form of the...
General points of CADJPY: I have noted that the Japanese Yen has been stronger compared to the Canadian Dollar in recent times. Macroeconomic factors have influenced the CADJPY pair significantly. This week, we observed that the Canadian...