The Japanese Yen (JPY) experienced continued depreciation against a broadly strengthening US Dollar (USD) on Friday, pushing the USD/JPY pair above the psychologically significant 150.00 level during early European trading. This weakening of the Yen...
On Friday, I observed that the decline in AUD/USD quotes continued, and sellers were halted by the support level at the second impulse zone of 0.6195. From this level, I noticed that buyers are attempting to resume the northern movement, indicating...
The EUR/USD pair concluded the week with a marginal uptick, yet its overall posture remains fragile, hindered by a persistent inability to maintain upward momentum beyond the critical 100-day Simple Moving Average (SMA). This level proved to be a...
Technology Outlook USD/CHF daily chart I will analyze USD/CHF on the daily timeframe; the most important events that should affect the pair in the medium term are happening on it. The price entered a downward correction, without reaching the weekly...
In general, the technical indicators coincide with the overall outlook, supporting the possibility of a bullish trend continuing. The market setup implies that buyers have retained dominance, stopping any major downward shifts. Market behaviors...
