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...
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...
AUD/USD The AUD/USD currency pair saw a decline to approximately 0.6380 during the North American session on Friday, highlighting the weakness of the Australian dollar against the U.S. dollar. The decline followed a correction in the US dollar...
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...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Hello, I prefer USD/CHF for technical analysis. USD/CHF is trading at 0.8274 at the time of writing. Significant resistance is likely to be found in this area. Meanwhile, the price chart remains in...
