The US dollar (USD) gained ground against the Swiss franc (CHF) on Wednesday, fueled by rising US Treasury yields and shrugging off disappointing data from the US housing market. The lack of significant economic news from Switzerland left the...
In the realm of forex markets, the USD/JPY currency pair stands out for its dynamic pricing behavior, offering valuable insights into global economic trends. Currently, market analysis suggests an imminent decline from the pair's present levels,...
THE CURRENCY PAIR EUR-JPY Technical analysis of the currency pair or instrument using Heiken Ashi candles and a combination of TMA (triangular moving average) and RSI indicators currently signals that bullish sentiment clearly prevails in the...
Bearish Kicker Chart Pattern: Bearish Kicker Pattern is a significant candlestick pattern that indicates a potential reversal from an uptrend to a downtrend. Here’s a detailed explanation of how it works and its implications1) Formation: The...
GBP/USD showed quite a strong downward movement on Wednesday, although it had no distinct reason to fall. There was no fundamental or macroeconomic backdrop yesterday. Nevertheless, we completely support the pound's decline under most circumstances,...