USD/CHF Technical Analysis: Right now, the USD/CHF pair is trading around 0.8570, and I’m seeing a bearish trend with the price staying below the 50-day moving average (0.8600). Immediate resistance lies at 0.8600 and 0.8650, while support is close...
AUD/USD Market Analysis Greetings and Good Morning to everyone! The Australian Retail Sales can help the buyers cross the 0.6255 zone this week. However, the US dollar also has a wide range of news data which will push the market below the 0.6155...
GBP / CAD: An hourly time frame road map Today, the price of GBPCAD might hit the 1.7976 level later, creating an opportunity for investors to assess the market. Analyzing the hourly and daily time frames helps provide a clear view of short-term...
EUR/JPY Daily Chart Analysis Current Price Movement The current EUR/JPY chart indicates that the price has recently touched the level of 161.813. The price movement is currently within the Ichimoku Cloud, which is considered a critical zone for the...
The USD/JPY currency pair maintained its negative bias during the European session on Monday, trading near multi-month highs. This bearish trend for the Japanese Yen (JPY) can be attributed to several key factors. Firstly, uncertainty surrounding...
