USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...
USD/CHF As of today, USD/CHF is trading around 0.8823, showing some bullish momentum. Technical Analysis: From what I’m seeing, the technical indicators are leaning towards a buy. Moving averages show 9 buy signals vs. 3 sell signals, and even the...
EUR/USD slips out of 5 months RSI and MACD decrease in the reached territories. EUR/USD retreats after it has gained more than 5%since February 28, sending a market to a new five -month maximum to 1.0945. Technical oscillators also currently support...
EUR/USD Technical Analysis and Forecast H1 Chart: The EUR/USD market shows signs of a slight recovery after falling to 1.08234 today. The EUR/USD market trades at 1.08636, slightly recovering from the daily low. When the price fluctuates around this...
Several ECB officials remain comfortable with the outlook for three additional rate cuts this year, following a 25 basis point reduction to 2.75% last month. ECB policymaker Fabio Panetta highlighted that economic weakness in the Eurozone is proving...
