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...
Over the past few trading sessions, we've observed a discernible downward trajectory in the price of gold. If we cast our minds back to around the 22nd of the month, it appears the price reached a high point and has since been engaged in a steady...
Euro/US Dollar Shows Signs of Potential Downturn The daily chart for the Euro against the US Dollar (EUR/USD) presents an interesting picture for traders to consider. As of the latest data, the pair is trading around the 1.13619 level, having...
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...
On Monday the 28th, there are 3 full working days left until the close of the April candle. This is essentially the time for the formation of the body and upper shadow of the MN candle. The analysis of the construction of the April candle shows...
