The outlook for the pair remains closely tied to broader economic conditions, with key developments from both the U.S. Federal Reserve and the Bank of Canada playing crucial roles. The Federal Reserve’s recent decision to ease monetary policy has...
USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing a slight bullish bias. I’m keeping an eye on key support at 0.8520 and 0.8500, while resistance sits at 0.8580 and 0.8600. RSI is hovering near 55, suggesting mild...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
USDJPY currency pair - let’s look at the D1 period chart today. During this senior period, it catches the eye how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. There was a good descent that ended in...
The AUD/USD currency pair experienced a decline during the European session on Tuesday, falling to around 0.6230. This downward movement was primarily attributed to the release of the Reserve Bank of Australia (RBA) monetary policy meeting minutes...
