USDJPY TECHNICAL ANALYSIS After several trading days, it appears the USDJPY market is starting to show signs of increasingly strong seller pressure which is causing the price to decline . In today's trading, it appears that the USDJPY market...
GBPUSD TECHNICAL ANALYSIS On the H1 time frame, we will use the Moving Average Indicator period 50 and the Moving Average Indicator period 100 to determine the direction of the trend in the GBP/USD currency pair. GBP/USD is currently above the...
EUR/USD now faces some corrective selling pressure and abandons the area of daily peaks in levels just shy of the 1.0600 barrier amid the persistent downward bias in the US Dollar From a technical point of view, the EUR/USD pair is at risk of...
The price remains under selling pressure as geopolitical tensions, particularly in the Middle East, dampen risk appetite in global markets. These tensions have contributed to a weaker outlook for risk-sensitive currencies like the pair. However, the...
USD/CHF technical and fundamental analysis Daily chart: The USD/CHF is holding above the resistance on the daily chart, indicating that the bullish momentum continues. USD/CHF are making lows and highs, which is a clear sign of a bearish strategy....