Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price is trading this week in a downward trend that is now being corrected by an upward wave. During this week, the price started trading...
General Points about GBPJPY: The current market situation presents a challenging phase for GBPJPY buyers, as the pound is steadily losing its value. Currently, it has dropped to the 189.52 level, while sellers continue to gain momentum. A shift in...
NZD/JPY Analysis: Current Market Situation and Range Trading Overview of Current Market Conditions The NZD/JPY currency pair is currently trading within a narrow range, reflecting investor hesitation. Recent movements indicate that the pair has...
USD/JPY Key Price Levels The USDJPY pair consolidated in the range of a 2-month low amid market expectations that the Bank of Japan (BOJ) will continue to raise interest rates this year. The Japanese yen had jumped to 151.80 in the Asian session...
The Japanese Yen (JPY) experienced a volatile trading day against the US dollar (USD). Initially, the yen surged to a near two-month high, fueled by its safe-haven appeal amidst growing global economic uncertainties. However, this strength proved...