The Euro to Japanese Yen (EUR/JPY) currency pair found some buying interest in Asia on Friday, recovering some of the losses it experienced the previous day after reaching one-week highs above 170.00. This positive movement gained momentum...
Technical analysis of the USDJPY pair 4-hour chart The pair's price is approaching a strong resistance area, as the price faces the weekly level of 158.52, which corresponds to the presence of the upper line of the red channel. During this week,...
AUD/USD (Australian Dollar/US Dollar) currency pair is one of the most actively traded pairs in the forex market. Its value reflects the exchange rate between the Australian dollar and the US dollar. Today's trend in the AUD/USD can be influenced by...
USD/CHF yesterday, after a small northern pullback, price reversed and pushed south, resulting in a southward candlestick formation. The buyers do not have enough strength to recover the northern movement, and therefore, I accept that a pullback to...
Daily Chart Update: With the beginning of a new trading month, the daily chart shows the price trading within downward price channels, reflecting the price movement over the past two months. During this period, the price alternated between upward...