The US dollar remains volatile against the Japanese yen as traders await the Bank of Japan's announcement on Friday. The major event has added an element of caution to the market as participants await potential shifts in monetary policy or comments...
USD/CHF As of today, USD/CHF is hovering around 0.9060 after hitting a two-week low. The pair seems to be in a consolidation phase, lacking strong momentum in either direction. Technical Analysis: From what I’m seeing, USD/CHF is neutral. The RSI...
NZDUSD currency pair - let’s consider the chart of the D1 period. This pair has almost a mirror image of the Australian dollar. The wave structure here is still building its order downwards. The MACD indicator is in the lower sales zone. Among other...
USD-CAD PAIR FORECAST I tried to see the potential movement on a smaller timeframe in this case using the H1 chart. It can be seen that the price movement for one week in a row represented by a more dominant candlestick arrangement is bearish. ...
EUR/JPY Technical View For the EUR/JPY pair, I will focus on resistance and support levels, volume, and basic indicators. I see that the currency pair has risen well, reached its target, and then reversed. Now I will analyze what may happen in the...