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On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
USD/ CHF Price Activity The analysis of the USD/ CHF currency pair's price action will be the main topic of our conversation. The fact is that on the H4 chart, the pair's quotes at the moment have looked a little beyond the inclined resistance. But...
The Euro (EUR) strengthened against the US Dollar (USD) on Friday, pushing towards the psychologically significant 1.0500 level, fueled by encouraging economic data from the Eurozone. The Hamburg Commerzbank (HCOB) reported that the Eurozone...
Daily Analysis of USD/JPY Currency Pair Overview Yesterday, the USD/JPY currency pair broke down below the significant support level of 154.75. However, the market quickly rebounded and surpassed this level again, indicating a potential false...
