Nikkei slumps to lowest point since 1987 Investors at the Tokyo stock exchange are unnerved because the Nikkei known as the barometer of Japanese stocks plummeted to incredible lows unseen since the 80 of the last century. This abrupt nosedive...
The USD/CHF is currently around 0.8331, marking an annual low. This level serves as a crucial support point that aligns with the broader bearish trend observed in recent months. Before continuing its downward trajectory, a correction may occur....
SP 500 Erases Losses: Week in Review and Wall Street Scenarios for Next Week Markets Stabilize: SP 500 Ends Week Little Changed The SP 500 stock index showed solid gains on Friday, managing to almost completely recoup losses suffered earlier in the...
In my morning forecast, I focused on the 1.2775 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened. The rise and subsequent false breakout at 1.2775 triggered a selling opportunity for the...
USD/JPY Analysis On the Daily time frame, I use the Trend line. According to the chart for the last year, the market is moving in a bearish direction. Toward the end of December 2024, the bullish movement broke out above the Trend Line, and the...