The following day, the Chicago Fed Countrywide Activity Index (CFNAI), launched via the Federal Reserve financial institution of Chicago, is a monthly index designed to gauge standard monetary activity and associated inflationary stress. The AUD/USD...
USD/JPY H4 Time frame Analysis: The H4 time frame analysis reveals that the moving average indicator has a steep upward slope, suggesting a strong bullish trend for USD/JPY. Last Monday, a bullish candlestick formed, signaling buyers control the...
USD/CHF I’m keeping a close watch on USD/CHF today as it trades around 0.8225, bouncing slightly off the recent low near 0.8040. That bounce has helped lift RSI out of oversold territory, which could suggest a pause—or at least a breather—in the...
USD/JPY I’m keeping a close eye on USD/JPY today as it trades around 154.60, inching toward that key psychological level at 155.00. This area feels like a pressure point—any strong push beyond it could trigger verbal or even direct intervention...
USD/CAD – Downtrend on the 4-Hour Chart, Buying Opportunity Upon Trendline Break (Expanded Analysis – 400 Words) The USD/CAD currency pair is currently exhibiting a clear downtrend on the 4-hour chart, with sellers maintaining control over price...
