USDJPY USD/JPY outlook: The USD/JPY pair has been undergoing some consolidation recently, with the Japanese yen showing some strength amidst growing speculation about potential shifts in Japan’s monetary policy. Here’s a breakdown of the factors at...
The CHF JPY market moved around the 170.41 support level on Monday, after starting the day at a higher opening price of 170.90. A gap up formed at the market's opening, but this gap has now been closed. The market has seen limited movement since...
EURUSD ANALYSIS Yesterday, the EURUSD pair traded in the lower areas around 1.0275. Today, it has moved in the upward direction towards the 1.0310 price level. Taking a look at the hourly chart below, it is noticeable that EURUSD is trading around...
EUR/USD regains 1.0300 in the European session on Monday. The pair benefits from the market optimism-led US Dollar weakness as traders brace for the highly anticipated President-elect Donald Trump’s inauguration later in the holiday-thinned day....
The Accumulative Swing Index (ASI) is a technical analysis indicator used to evaluate the long-term trend of a financial instrument (such as a stock, currency, or commodity). It builds upon the concepts of the Swing Index (SI) by aggregating its...