USD/JPY is slightly lower on Thursday. It continues to move slightly below the key 158 level. Momentum indicators are showing signs of weakness. USD/JPY is trading slightly lower again on Thursday, building a good distance from the key 158 area. The...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8590, and I’m keeping a close eye on key levels. Immediate support is at 0.8560, with another level at 0.8525 if things dip further. On the upside, resistance is sitting at 0.8625...
Following a three-day winning streak, the currency pair has reversed course, currently trading near 1.4420 during the European session on Thursday. The pair has experienced a decline due to thin trading volumes following a holiday break, which has...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
Currently, XAUUSD is experiencing a corrective upward impulse, but it is not yet clear if this movement has reached its full potential. The nearest significant resistance level for gold is at 2645. If the price successfully breaks above this level,...
