USD/JPY Weekly Analysis: Breakout Potential Ahead The USD/JPY currency pair is signaling potential for a breakout as it has been trading within a horizontal zone for an extended period. Previously, the pair ascended above the 160 mark, but it has...
Forecast of Silver The attached diagram shows the range zone where the price activity of Silver has been during the past few trading days. Since the primary trend is bullish overall, Silver buyers attempted to break through the 32.258 resistance...
USD Decline and EUR/USD Recovery On Thursday, the US dollar (USD) experienced a significant decline, while EUR/USD continued its recovery, trading above the 1.0400 level. The US dollar index (DXY) also saw a considerable drop, despite...
GBP/USD Reaches 1.2451 Amid Weak US NFP Data The GBP/USD currency pair has surged to 1.2451, driven by disappointing US Nonfarm Payrolls (NFP) data. The NFP report indicated that only 143,000 new jobs were added, falling short of the expected...
Technical analysis of USDCHF Today we will perform technical analysis on USD/CHF. USD/CHF is a major pair of the forex markets. The market is currently between our support and resistance levels. USD/CHF maintains a bullish tone and is currently...
