Technical analysis of USDJPY Today I picked USD/JPY for technical analysis, and the market price fell one level and is now closer to the trend line, helping to push the price higher. After breaking the market price support at 150.61, it also damaged...
The pair currently exhibits a mixed outlook, influenced by uncertainties surrounding China’s economic health and potential shifts in US monetary policy. Market sentiment remains cautious as traders weigh China’s subdued stimulus measures against the...
Global risk sentiment plays a pivotal role in shaping the outlook of the NZD/USD pair, given the Kiwi Dollar's status as a commodity-linked currency. The Kiwi often mirrors fluctuations in equity markets and global growth expectations. Persistent...
USD/CHF Technical Analysis Right now, USD/CHF is hovering around 0.8805, showing a cautious market mood. On the 4-hour chart, the pair remains below both its 50-day and 200-day EMAs, which points to a bearish setup. Resistance looks solid at...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5880 and the support level at 0.5804. Now that the market price has broken the support level and closed...