The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.6252, down 0.62%. Australian CPI expected to ease to 2.5% Investors are keeping a closer eye on the third-quarter inflation report,...
EUR/JPY Daily Time Chart Analysis The EUR/JPY currency pair has been confined within a symmetrical triangle since early August, a pattern often indicative of indecision and potential volatility. This period of consolidation has witnessed price...
GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...
USD/CHF Price Forecast Durable Goods Orders in the US declined by 2.2%, or $6.3 billion, in December to $276.1 billion, the US Census Bureau reported on Tuesday. This reading followed a 2% decrease reported in November and came in worse than the...
Daily Analysis of USD/JPY Currency Pair Overview Yesterday, the USD/JPY currency pair broke down below the significant support level of 154.75. However, the market quickly rebounded and surpassed this level again, indicating a potential false...