USD/JPY. Analysis and Forecast Today, following the release of data showing a February slowdown in the national Consumer Price Index (CPI), the Japanese yen continues to trade with a negative tone, creating uncertainty in the market. The data shows...
I interpret the current pullback as a corrective phase rather than a structural downtrend. I emphasize the importance of the 1.2868 support level, which I view as a strong barrier against deeper declines. I acknowledge holding two existing long...
The GBP/USD pair traded within a tight range around the 1.2960 level during Friday's Asian trading session, indicating a period of consolidation. Despite this lack of clear direction, the pair remained near its highest levels since early November,...
The GBP/USD pair is currently going through a difficult period where fundamentals are determining its short-term direction. The pound has appreciated in recent years due to an optimistic outlook for the UK economy, improving inflation data and a...
This chart represents the USD/CHF currency pair in a one-hour timeframe. The price action is displayed using candlesticks, accompanied by Bollinger Bands and the Stochastic Oscillator. In late February and early March, the chart shows a downtrend,...
