USD/JPY is slightly lower on Thursday. It continues to move slightly below the key 158 level. Momentum indicators are showing signs of weakness. USD/JPY is trading slightly lower again on Thursday, building a good distance from the key 158 area. The...
The euro fell slightly during trading on Thursday as market activity picked up after the holidays. However, signs of a possible turnaround have begun to emerge. The overall outlook for the US dollar is mixed, but the underlying theme remains the...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8590, and I’m keeping a close eye on key levels. Immediate support is at 0.8560, with another level at 0.8525 if things dip further. On the upside, resistance is sitting at 0.8625...
The NZD/USD pair is currently exhibiting a bearish trend on the H1 timeframe. The price has been making lower highs and lower lows, which are hallmark characteristics of a downtrend. Recently, the price touched a low near 0.5590 before bouncing back...
