As of the current exchange rate of 161.64 for EUR/JPY, the pair is trading at relatively high levels compared to historical norms, suggesting that the Euro is stronger against the Japanese Yen. This strength can be attributed to several...
General Analysis of CHFJPY: The expected market concept of CHFJPY is bearish. Also, the Tokyo CPI rate and Swice Gross Domestic Products will give sellers a new concept. Hence, a sell order can be beneficial in a bearish market because it allows one...
Crude Oil Crude oil prices recovered from last week’s low, stabilized, and rose to $66.4 before fluctuating and reaching a high of $71.476 per barrel. The low failed to break a new low, the high broke a new high, and the weekly level recorded a...
Technical analysis of the EUR/USD pair The general trend on the 1-hour chart indicates a bearish trend for the pair and today's trading opened with a price gap upwards. The price channels are bearish and we also have the weekly pivot level near the...
After a very significant downward rally that stalled at a low of 0.9203. The EUR CHF pair is trying to move above the 200 SMA as a moving resistance and could stay above the psychological level of 0.9300. If the price experiences a rejection or...
