Today, the US dollar plummeted nearly 200 points against the Japanese yen, with the pair falling back from the 157.30 area to a mid-market low of 155.50 in a matter of minutes. USD/JPY is currently trading near the 156.55 area following this...
USDCHF Price Forecast: The price action analysis of the USD/CHF currency pair is debatable. We believe the pair is in a downtrend. While there was some buying yesterday, the daily chart is currently flat. We are trying to predict whether this...
EURUSD DAILY ANALYSIS EUR/USD is holding onto its recent gains, trading near the 1.1735 region in early Friday action, and the tone feels relatively stable for now. The pair isn’t pushing aggressively higher, but it’s not giving much back either....
Technical analysis of XAUUSD On the H1 timeframe, Gold (XAU/USD) is currently trading around the 4565–4570 region, showing a short-term reaction after a recent bearish move. The broader structure still leans bearish, as price remains within a...
Hello Guys.. I’m looking at GBPJPY on the daily chart, and honestly the first thing that caught my attention is that sharp rejection from the highs. Price pushed up strongly toward the 216.00–216.40 area, but it didn’t stay there for long. The...
