During my daily analysis of the major currency pairs, the USD/CHF pair has captured my attention as we have seen quite a bit of volatility. What has captured my attention more than anything else is that it appears that the 0.90 level has offered a...
EUR/USD forecast for January 8, 2025 On Tuesday, the EUR/USD pair made a second reversal in favor of the US dollar above the 1.0405-1.0420 zone and fell to the 1.0336-1.0346 support zone. A rebound from this zone could signal a reversal in favor of...
The NZD/USD pair today halted the previous day's decline from a near three-week high, but is struggling to attract buyers. Traders are reluctant to open new positions and prefer to wait for the publication of the minutes of the FOMC meeting....
USD/JPY Technical Analysis 1-Hour Timeframe The USD/JPY market is currently in a strong uptrend, with prices moving steadily upward in the 1-hour timeframe. The price structure is in line with an ascending trend channel, which is well supported by...
The main events by the morning: January 8 Trump has published a map of the United States with Canada, causing a political outcry. The ex-president continues to provoke the Canadian authorities and the opposition by announcing his plans for the...