EUR/USD Right now, EUR/USD is trading around the 1.0900 level, facing some pressure as the U.S. dollar gets a boost from hawkish Federal Reserve rhetoric. The latest U.S. economic data shows a 2.3% annualized growth in Q4, slightly below...
USDJPY USDJPY outlook: The USD/JPY pair is primarily driven by the divergence in monetary policies between the Federal Reserve (Fed) and the Bank of Japan (BoJ). While the Fed has aggressively raised interest rates to combat inflation, the BoJ has...
Have a great mood everyone! The linear regression channel on the M15 chart is turned down, which emphasizes the predominance of sellers in the market. The market movement is in the southern direction to the level of 1.03643. When it is worked out,...
Forecast of USDJPY On January 10th, the USDJPY challenged the trend line that I provided in the attached diagram on the daily time frame chart. After the test, the price began to decline demonstrating significant bear momentum. This week, on Monday,...
USD/CHF Right now, USD/CHF is trading around the 0.9200 level, holding steady as the Swiss franc faces ongoing pressure from the stronger U.S. dollar. The primary driver of the dollar’s strength remains the Fed’s hawkish stance. Despite the...