The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
West Texas Intermediate (WTI) crude oil prices staged a recovery from their intraday lows during Thursday's Asian trading session, settling around the $62.20 per barrel mark. This rebound, however, appears to be encountering significant headwinds as...
A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
USD/CHF Technology Outlook H-4 Chart The correction of USDCHF continued last week, which was generally expected after such a fall from 0.0885. But on the daily chart it is clear that this correction made up almost half of this fall wave, and the...
AUD/USD The 4-hour chart for the Australian Dollar against the US Dollar (AUD/USD) reveals a period of considerable volatility and indecision. Price action over the past week has been characterised by significant swings, making it challenging to...