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...
The USD/CHF pair demonstrated a recovery from losses experienced in the previous trading session, trading around the 0.8320 level during Friday's Asian trading hours. This upward movement in the US dollar was largely attributed to improved investor...
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...
Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize 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...
