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...
General Points about AUDJPY Tomorrow, the AUDJPY market could experience significant movement due to upcoming news events related to the Bank of Japan's policy rate, monetary policy, or press conference. These events hold the potential to influence...
Date: 24th January 2025. The BoJ Hikes, But JPY Struggles To Maintain Momentum! Bank of Japan - How High Will Rates Rise? The Bank of Japan decided to adjust interest rates by 0.25%. The central bank's policy rate rose from 0.25% to 0.50% bringing...
NZD/USD Technical Analysis of the Day: I see a bullish positive trend in the NZD/USD currency pair. I notice the pair is trading above the Ichimoku Cloud at a market price of 0.57087. I observe that the Cloud border consists of two levels, Senkou...
USD/CHF Technical Analysis: Looking at the USD/CHF pair, it seems to be in a consolidation phase, trading between 0.9200 and 0.9300. The 50-day moving average is sitting just above 0.9250, providing some support. The RSI is around 55, showing a...
