USD/JPY technical analysis The yen has strengthened due to the Bank of Japan's interventions and the overall weakening of the greenback. A downward price movement can see on the daily chart. We are experiencing the corrective wave C phase by...
The USD/JPY currency pair currently finds itself at a pivotal juncture, characterized by significant technical levels that could dictate its short- to medium-term trajectory. As of now, the pair faces robust support at 148.87 and 146.60, while...
Current Overview of USD/JPY Currency Pair The USD/JPY currency pair is currently at a crucial juncture, where it is trapped between a resistance level at 149.00 and support levels at 146.60 and 148.87. These technical levels will play a significant...
USD/CHF The price is within an inverted triangle. Earlier today, it dropped to the lower boundary of this triangle, reaching 0.8242 before reversing upward. The pair will likely continue climbing, potentially reaching 0.8488. Once it hits this...
USD/CHF The week was great for USD/CHF buyers because the upward correction ended where it should have, that is, at the target level of 61.8% Fibonacci retracement. The price rose very quickly after buyers broke through the four-hour 200th moving...