The GBP/USD H1 chart reveals an overall mixed trend with fluctuations that alternate between bullish and bearish movements. The price is currently trading around 1.2397, showing a slight upward momentum in recent sessions. However, the broader...
The EUR/JPY has recently staged a recovery, trading near 163.00 during the Asian session on Friday. Despite the Bank of Japan (BOJ) implementing a widely anticipated interest rate hike, lifting its short-term target from 0.15%-0.25% to 0.40%-0.50%,...
Gold maintains bullish momentum, tracking record highs Gold continues to show strong bullish momentum supported by larger trends influencing shorter time frames. The precious metal broke sharply above December's monthly high of $2,726 on Tuesday,...
Crude oil extended as dealers dominated and tested a key support level On Thursday, oil extended its recent downward correction and tested a key support level after resuming previous progress. As of this writing, the low is $75.31, with bearish...
General Points about CHFJPY: Currently, the CHFJPY market is trading at the 172.73 level, which is a significant resistance level. Resistance levels act as barriers that the market struggles to break through, and this could lead to price...
